Author Archives: Russ

The 43rd Try Was a One-Third Success

Yesterday, I noted that I had made 41 tries to reach the IRS’s Practitioner Priority Service and received a “courtesy disconnect” each time.  Try 42 met the same fate, but to my surprise the 43rd try got me into the … Continue reading

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Don’t Call Us

I need to speak to the IRS’s Practitioner Priority Service regarding (as of today) ten client matters.  I have been calling since May 4th–and calling the moment the phone lines open (7am local time).  It’s illegal for me to record … Continue reading

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Bakumen Aoys!

There are no typographical errors in the headline of this post. A couple of recent news stories  out of California bring home that it’s time for anyone residing in the Golden Bronze State to seriously consider moving. First, the “Train … Continue reading

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Hurry Up and Wait

Every year clients ask us this question: I paid my tax via IRS Direct Pay (or you had my account debited).  Why hasn’t my payment come out yet? The answer to this question is simple, and there’s nothing your tax … Continue reading

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Bozo Tax Tip #1: If It Sounds too Good to be True…

…it probably is.  That’s how the cliche goes, and it’s generally accurate.  If someone tells you: If you invest $10,000 in [whatever], you magically get a $50,000 deduction; If you buy $20,000 of Brazilian accounts receivable, you can get a … Continue reading

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Bozo Tax Tip #2: Use a Bozo Tax Professional

The IRS recently highlighted that taxpayers should choose tax professionals wisely; I agree.  I’ve had this as a Bozo Tax Tip in the past, but a new client highlighted this issue for me.  In the previous iteration of this “tip,” … Continue reading

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Bozo Tax Tip #3: Not Remitting Payroll Taxes

A couple of years ago, I received a visit from a member of the IRS’s Criminal Investigation unit.  It turns out a client, call him Larry, had worked for a company that decided to not remit payroll taxes.  The loss … Continue reading

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Bozo Tax Tip #4: Procrastinate!

Today is April 8th. The tax deadline is just seven days away. What happens if you wake up and it’s April 15, 2026, and you can’t file your tax? File an extension. Download Form 4868, make an estimate of what … Continue reading

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Bozo Tax Tip #5: 300 Million Witnesses Can’t Be Right!

For tax bloggers like myself, the saga of Richard Hatch was a godsend. His antics were, well, remarkable.  One tip I can give any celebrity: Be careful about your taxes. The IRS loves going after Bozo tax celebrities. So here’s … Continue reading

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Bozo Tax Tip #6: Remitting Sales Tax Is an Unnecessary Activity

Imagine you are running a business. Times are tough and you need to make some serious cuts in expenses to stay afloat. Or perhaps you are just greedy. In any case, let’s suppose you neglect to pay your payroll tax. … Continue reading

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