Author Archives: Russ

Full Tilt Remission Deadline is Today

Posted on November 16, 2013 by Russ

Today, November 16th, is the deadline for making a remission claim from Full Tilt Poker. (There are two exceptions noted below.) If you were not an affiliate of Full Tilt Poker or a Red Pro, you must file your claim … Continue reading →

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Dan Walters with Another Example of California Dreamin’

Posted on November 12, 2013 by Russ

When I resided in California, I always read Dan Walters’ columns in the Sacramento Bee. He knows his California politics very well. Yesterday he expounded on why California’s Senate Bill 30 (SB 30) ended up failing. SB 30 would have … Continue reading →

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Dear Mr. IRS

Posted on November 10, 2013 by Russ

I must commend CPA Tony Nitti on his “Request for Urgent Business Relationship.” It’s hilarious…but horribly sad. Why? TIGTA–the Treasury Inspector General for Tax Administration–came out with what is (for me) a scathing report on identity theft and phony tax … Continue reading →

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Another Film Tax Credit Scandal

Posted on November 10, 2013 by Russ

There have been plenty of scandals regarding tax credits for the film industry in recent years (see, for example, Iowa). A new one has just arisen, this time in California. The Los Angeles Times reported back on Halloween that State … Continue reading →

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No Instant Replay Here

Posted on November 10, 2013 by Russ

There’s an etiquette involved in sending emails: You don’t use all capital letters in most cases. The same is true when you write; it’s poor form. Yet when Judge Timothy Black wrote about ITS Financial, LLC (aka Instant Tax Service) … Continue reading →

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Colorado Voters Reject Tax Increase

Posted on November 6, 2013 by Russ

Colorado voters had a chance to increase taxes drastically. Amendment 66, which would have made Colorado’s taxes very progressive (with far higher taxes impacting most citizens), was defeated. With about half the votes cast, the no’s were leading by 66% … Continue reading →

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The Real Winners of the 2013 World Series of Poker

Posted on November 5, 2013 by Russ

Nine individuals came to Las Vegas on Monday and Tuesday to compete for the championship at the World Series of Poker (WSOP). Who would be the lucky winner? And who really got to keep the money? Congratulations to Ryan Riess … Continue reading →

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The Wrong Kind of Education Leads to ClubFed

Posted on November 4, 2013 by Russ

A California tax preparer decided he wanted to increase refunds for his clients. There’s absolutely nothing wrong with that–I want my clients to get the maximum possible refund allowed under the law. It appears that Kenyon Williams forgot those last … Continue reading →

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IRS Scandal Update

Posted on November 3, 2013 by Russ

The political news has been dominated as of late by the ObamaCare follies. However, the IRS scandal continues to percolate. There has been some news this past week: The National Organization for Marriage sued the IRS over the leak of … Continue reading →

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Bubba Paris Sacked, Pleads Guilty to Not Filing a Tax Return

Posted on October 31, 2013 by Russ

Former San Francisco 49er William H Paris, Jr. (aka Bubba Paris) is now a motivational speaker. He’ll have a new topic to talk about: Why You Should Pay Your Taxes. Back in February Mr. Paris was indicted on three misdemeanor … Continue reading →

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