Author Archives: Russ

Last Estimated Payment for 2010 Due

Posted on January 18, 2011 by Russ

No more R&R for me — back to the real world rather than a beach in the Caribbean. And nothing brings you back to reality like a little estimated tax. The fourth quarter 2010 payment is due on January 18th. … Continue reading →

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Back Home Again in Indiana (Illinois’ Tax Increase)

Posted on January 12, 2011 by Russ

Back Home Again in Indiana is the state song of the Hoosier State. For those in the Land of Lincoln, it’s quite likely the Hoosier State will look much nicer; this morning, legislators approved an income tax increase from 3% … Continue reading →

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Another California Non-Conformity Issue: Medical Insurance for Non-Dependent Adult Children

Posted on January 8, 2011 by Russ

I felt this important enough to update while relaxing in the Bahamas. (It helps that the sun is gone under a bank of clouds.) Anyway, from Spidell comes word that California is not going to conform to the exclusion of … Continue reading →

Posted in California | 2 Comments

Bahamas Bound

Posted on January 7, 2011 by Russ

I’m heading on that trip to the Bahamas, so posting will be practically non-existent until January 17th. Enjoy the other tax bloggers listed in the blogroll on the right.

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More Grist for the Mill

Posted on January 7, 2011 by Russ

There’s a debate over whether licensing tax professionals will do any good. California requires all tax professionals to have licenses, and we have plenty of Bozo tax preparers. In any case, out of Edgewood, Maryland comes word that there is … Continue reading →

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Who Needs to Stop Prisoner Tax Fraud?

Posted on January 5, 2011 by Russ

Via Joe Kristan this morning comes word that the IRS is spending millions to regulate law-abiding tax professionals, but is doing very little to stop tax fraud by prisoners. You are forcing practitioners to spend millions of dollars and hours … Continue reading →

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Aloha, Professional Gamblers

Posted on January 4, 2011 by Russ

Aloha means a lot of different things. Per Wikipedia (and a conversation with a friend who was born in Hawaii) it means affection, love, peace, compassion, mercy, hello, and goodbye. I’ll focus on the latter two tonight. There is no … Continue reading →

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2010 Tax Offender of the Year

Posted on December 31, 2010 by Russ

Another year, and many, many worthy candidates for the 2010 Tax Offender of the Year. To be considered for the Tax Offender of the Year award, you must do more than cheat on your taxes. It has to be special; … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

Marchellettas Win on Appeal

Posted on December 31, 2010 by Russ

A commenter noted that an Appeals Court has reversed the convictions of Gerard Marchelletta Jr., Gerard Marchelletta, Sr., and Theresa Kottwitz. For those who don’t remember, I reported on the Marchellettas when they were convicted and sentenced for tax fraud … Continue reading →

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Russ Fails Reading Comprehension: FTB Deadline Is April 18th

Posted on December 29, 2010 by Russ

My mother is a writer. My father was a writer. I’m the co-author of three books. My whole family are voracious readers. Yet I failed reading comprehension 101 when I looked at a set of instructions for a California tax … Continue reading →

Posted in California | 2 Comments