Author Archives: Russ

Pound Wise, Penny Foolish

Posted on April 21, 2011 by Russ

Robert Flach states this morning that using certified mail, return receipt requested, when mailing tax returns to tax agencies is a waste of time and money. But the extra you spend to get a return receipt is a total waste … Continue reading →

Posted in IRS, Taxable Talk | 2 Comments

Roni Deutch In More Trouble

Posted on April 21, 2011 by Russ

California’s Attorney General would like to see “Tax Lady” Roni Deutch in prison. Yesterday, California Attorney General Kamala Harris asked a Sacramento court to send Ms. Deutch to prison for contempt. Why? Because Ms. Deutch and her law firm are … Continue reading →

Posted in California | Comments Off on Roni Deutch In More Trouble

Apparently Much Faster than Neteller

Posted on April 20, 2011 by Russ

The one question I have been asked many times by my clients with money held up because of the Department of Justice’s action against online poker sites is, “When will I get my money back?” The answer appears to be … Continue reading →

Posted in Gambling | Comments Off on Apparently Much Faster than Neteller

We’re Almost Back

Posted on April 19, 2011 by Russ

With the emphasis on “almost,” Aaron and I plan on being back in the office on Wednesday. We’re enjoying the beautiful weather in Irvine and Bethesda today, and a lot of much needed sleep. If you’ve contacted our office today, … Continue reading →

Posted in Taxable Talk | Comments Off on We’re Almost Back

DOJ Indicts Major Online Poker Sites

Posted on April 15, 2011 by Russ

As if my day wasn’t hectic enough, out of New York (and San Francisco) comes news that the DOJ has indicted the three largest US-facing online poker sites: Full Tilt, PokerStars, and Ultimate Bet/Absolute Poker. The indictment charges a variety … Continue reading →

Posted in Gambling | 3 Comments

Bozo Tax Tip #1: 300 Million Witnesses Can’t Be Right

Posted on April 15, 2011 by Russ

For tax bloggers like myself, Richard Hatch has been a godsend. His antics have been, well, remarkable. Mr. Hatch has regained the top spot in this year’s Bozo Tax Tips. It took a lot of effort (and stupidity), but he’s … Continue reading →

Posted in Uncategorized | Comments Off on Bozo Tax Tip #1: 300 Million Witnesses Can’t Be Right

Bozo Tax Tip #2: Procrastinate!

Posted on April 14, 2011 by Russ

Today is April 14th. Tomorrow is, well, was, the tax deadline. Thanks to a holiday in the District of Columbia we all have an extra three days to get the returns done. What happens if you wake up and it’s … Continue reading →

Posted in IRS | Tagged | Comments Off on Bozo Tax Tip #2: Procrastinate!

Bozo Tax Tip #3: Honey, You Don’t Exist!

Posted on April 13, 2011 by Russ

Ah, Spring is in the air. And with that come the inevitable wedding invitations. I was supposed to be in a wedding this weekend, but the three extra days of tax season put an end to that. With weddings comes … Continue reading →

Posted in Tax Preparation | Tagged | Comments Off on Bozo Tax Tip #3: Honey, You Don’t Exist!

Bozo Tax Tip #4: Use a Bozo Accountant

Posted on April 11, 2011 by Russ

Here’s another Bozo Tax Tip that keeps coming around. The problem is, the Bozos don’t change their stripes. In any case, here are some signs your accountant might be a Bozo: * He’s never met a deduction that doesn’t fit … Continue reading →

Posted in Illinois, IRS | Tagged , | Comments Off on Bozo Tax Tip #4: Use a Bozo Accountant

Bozo Tax Tip #5: Sales Tax is an Unnecessary Expense

Posted on April 10, 2011 by Russ

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 →

Posted in Sales Tax | Tagged | Comments Off on Bozo Tax Tip #5: Sales Tax is an Unnecessary Expense