Monthly Archives: July 2017

Vacation

Posted on July 30, 2017 by Russ

It’s time for my annual vacation. If something earth-shattering in the tax world happens while I’m relaxing, I’ll take time out to post on it. Otherwise, enjoy the fine bloggers listed in the blogroll on the right. I’ll be back … Continue reading →

Posted in Taxable Talk | Comments Off on Vacation

Here’s a Step-by-Step Manual of How to Go to Prison for Taxes

Posted on July 30, 2017 by Russ

Do note that I absolutely, positively, do not recommend you follow the procedures done below. But if you want to go to ClubFed for a tax crime, it’s a superb illustration. You start a home health care business. (The business … Continue reading →

Posted in Payroll Taxes, Tax Evasion | 1 Comment

The 2017 Real Winners at the World Series of Poker (London Calling, Again)

Posted on July 23, 2017 by Russ

The main event of the World Series of Poker has completed: 7,221 ponied up $10,000 to enter. The final nine players began competing on Thursday; last night the winner was crowned. How much of his winnings does he get to … Continue reading →

Posted in Gambling | Comments Off on The 2017 Real Winners at the World Series of Poker (London Calling, Again)

“I Ain’t Got It, So You Can’t Get It” Doesn’t Generally Apply to the IRS

Posted on July 15, 2017 by Russ

Ain’t never gave nothin to me But everytime I turn around Cats got they hands out wantin something from me I ain’t go it so you can’t get it… So goes part of the lyrics of “X Gon’ Give It … Continue reading →

Posted in Tax Evasion | Comments Off on “I Ain’t Got It, So You Can’t Get It” Doesn’t Generally Apply to the IRS

The IRS Gives Good Suggestions on Handling an IRS Notice

Posted on July 15, 2017 by Russ

Earlier this week the IRS sent out “Tips on How to Handle an IRS Letter or Notice:” Tips on How to Handle an IRS Letter or Notice The IRS mails millions of letters every year to taxpayers for a variety … Continue reading →

Posted in IRS | Comments Off on The IRS Gives Good Suggestions on Handling an IRS Notice

Helping the Las Vegas Economy Isn’t a Good Excuse for Not Paying Employment Taxes

Posted on July 9, 2017 by Russ

I’m a resident of Las Vegas, so things that help the local economy are generally good. Of course, I have a bias: A good Nevada economy will help keep taxes down. Richard Tatum, Jr. of Houston helped the Las Vegas … Continue reading →

Posted in Payroll Taxes, Tax Evasion | Comments Off on Helping the Las Vegas Economy Isn’t a Good Excuse for Not Paying Employment Taxes

Truth In Advertising Isn’t Always a Good Idea

Posted on July 2, 2017 by Russ

There are laws mandating that advertisements be accurate. Sometimes, though, you can get in trouble for being ‘truthful.’ Michael Raymond Martinez of Fullerton, California did himself no favors by his advertisements. Mr. Martinez was a tax professional in Fullerton (Orange … Continue reading →

Posted in Tax Evasion | Tagged | Comments Off on Truth In Advertising Isn’t Always a Good Idea