Monthly Archives: February 2012

Business Intelligence Fails Founder of Business Intelligence, Inc.

Posted on February 28, 2012 by Russ

Sometimes when I read the tax news I don’t to embellish at all. From Cincinnati comes the story of James F. Simon, the founder of Business Intelligence, Inc. The company, founded by Mr. Simon in 1984, provides private investigation services … Continue reading →

Posted in Tax Evasion | Tagged | 2 Comments

Sales Tax on Services Under Consideration in Maryland

Posted on February 28, 2012 by Russ

For those who haven’t followed Clayton Financial and Tax, we now have an office in Maryland. Our charges for preparing your return aren’t dependent on whether you’re in our Las Vegas or Bethesda office. However, that may soon change. Shiela … Continue reading →

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1099/1096, W-2/W-3 Deadlines This Week

Posted on February 27, 2012 by Russ

It’s a leap year, so we get an extra day to get those information returns to the government, right? Well, that’s half-right this year (and also half-wrong). The deadline for mailing Form 1099s and Form 1096s to the IRS does … Continue reading →

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Gambling Addiction Costs Ice Winery Head

Posted on February 26, 2012 by Russ

Something I didn’t know until recently is that wine grapes are grown in all 50 states. They’re also grown in Ontario, Canada. One winery head dipped into the till because he liked to gamble. From St. Catharines, Ontario, comes the … Continue reading →

Posted in Canada, Tax Evasion | 1 Comment

Pensions for All? California Legislator Introduces Mandatory Pension Bill

Posted on February 26, 2012 by Russ

Every time I think the Bronze Golden State has reached a new low, I have to remember that I should never overestimate the intelligence of the California legislature. Kevin De Leon (D-Los Angeles) has introduced a bill that requires any … Continue reading →

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IRS Commissioner Fails Reading Comprehension

Posted on February 21, 2012 by Russ

Our Tax Code is needlessly complex. Still, there are portions that are straightforward. Take Section 7803(c): (3) Responsibilities of Commissioner The Commissioner shall establish procedures requiring a formal response to all recommendations submitted to the Commissioner by the National Taxpayer … Continue reading →

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Clubhouse Manager Strikes Out

Posted on February 21, 2012 by Russ

Well, that headline was easy to write. From Queens, New York, comes the story of Charlie Samuels. Mr. Samuels was the clubhouse manager of the New York Mets. He also had itchy fingers: Mr. Samuels stole memorabilia from the Mets, … Continue reading →

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Businesses Act Based on Taxes (Will Liberals Change their Policies?)

Posted on February 19, 2012 by Russ

In what might be an “I told you so” moment, Haas Automation of Oxnard, California (northwest of Los Angeles) is growing and needs to expand. They began the planning for a $20 million new building and all seemed well. And … Continue reading →

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Remember Gilbert Hyatt? (An Update)

Posted on February 19, 2012 by Russ

One of the blogs I read, How Appealing, posted a link to this story on California’s attempt to ban video games featuring “murder and mayhem” from being sold to children cost the Bronze Golden State $2 million. That’s nothing. There’s … Continue reading →

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I Have to Get a Magic Printer of my Own

Posted on February 17, 2012 by Russ

If only we could take a charitable donation made in, say, 2001, and by using a magic printer we could magically change the receipt date to 2011. Imagine all of the donations we could suddenly recycle. Ignoring the illegal nature … Continue reading →

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