Monthly Archives: July 2018

Return to Sender

Posted on July 24, 2018 by Russ

A client was selected for a correspondence audit; the IRS asked the client to submit all the documentation regarding a tax credit taken on a recent return. The client had all the documentation, made his photocopies, and mailed off the … Continue reading →

Posted in IRS | Comments Off on Return to Sender

We’re Not Gonna Take It…

Posted on July 21, 2018 by Russ

You may have heard that earlier this week four states sued to stop parts of the new tax law from going into effect. The states–New York, New Jersey, Connecticut, and Maryland–don’t like the new $10,000 cap on deducting state and … Continue reading →

Posted in Connecticut, Legislation, Maryland, New Jersey, New York | Tagged | Comments Off on We’re Not Gonna Take It…

The Real Winners of the 2018 World Series of Poker

Posted on July 15, 2018 by Russ

Over the past two weeks 7,874 competitors (myself included) paid $10,000 to enter the main event of the World Series of Poker. Who would win the money? And how much of the winnings would they actually get to keep? One … Continue reading →

Posted in Gambling | Tagged | 1 Comment