Monthly Archives: April 2013

Bozo Tax Tip #4: Procrastinate!

Posted on April 8, 2013 by Russ

Today is April 9th. The tax deadline is just six days away. What happens if you wake up and it’s April 15, 2013, and you can’t file your tax? File an extension. Download Form 4868, make an estimate of what … Continue reading →

Posted in IRS | Tagged | 1 Comment

Bozo Tax Tip #5: Don’t Seal the Envelope!

Posted on April 7, 2013 by Russ

Given its tax time, you will likely find long lines at your local post office. Individuals are filing tax returns, so those who don’t efile must mail the returns. When you mail anything, you should seal the envelope; that’s especially … Continue reading →

Posted in Taxable Talk | Tagged | 2 Comments

Bozo Tax Tip #6: Just Don’t File

Posted on April 4, 2013 by Russ

We’re running some repeats, but there is some new Bozo material coming. It’s just that people keep trying the same things over and over again. It’s tough to avoid the tax system. There are currency transaction reports (cash transactions of … Continue reading →

Posted in Taxable Talk | Tagged | 1 Comment

Bozo Tax Tip #7: Honey, You Don’t Exist!

Posted on April 3, 2013 by Russ

Another repeat, but it again popped up this past weekend. It’s springtime, and that means weddings. With weddings comes changes in tax status. Your marital status on December 31st determines your marital status for the year. If you are married, … Continue reading →

Posted in Taxable Talk | Tagged | 1 Comment

Bozo Tax Tip #8: 300 Million Witnesses Can’t Be Right

Posted on April 2, 2013 by Russ

For tax bloggers like myself, Richard Hatch has been a godsend. His antics have been, well, remarkable. While he’s no longer at the top of my Bozo Tax Tips (he’s been strangely silent since his release from prison last December), … Continue reading →

Posted in Tax Evasion | Tagged , | 1 Comment

Bozo Tax Tip #9: Foreign Trusts

Posted on April 1, 2013 by Russ

By far the worst tax schemes in the view of the IRS are offshore (foreign) trusts. In fact, trusts of all sorts—domestic and foreign—are regularly abused. First, not all trusts are bad. Many trusts serve a legitimate purpose, such as … Continue reading →

Posted in Tax Evasion | Tagged | 1 Comment