Author Archives: Russ

One List Made, Another Missed

Posted on December 28, 2009 by Russ

Last week I was notified that Taxable Talk made a list of the top 50 accounting blogs. It’s nice to be listed with such worthy blogs. Taxable Talk didn’t make Dan Meyer’s list of the Twelve Blogs of Christmas this … Continue reading →

Posted in Taxable Talk | Comments Off on One List Made, Another Missed

Worse than California: Michigan

Posted on December 28, 2009 by Russ

Sure, California has problems. Our legislators can’t figure out that if you have $70 billion coming in that you can’t spend $90 billion. Still, there’s plenty of businesses located in the Bronze Golden State (mine included). Then there’s Michigan. How … Continue reading →

Posted in California, Michigan | Comments Off on Worse than California: Michigan

Who’s in the Crosshairs?

Posted on December 28, 2009 by Russ

The IRS released their Fiscal Year 2009 Enforcement Results last week. Business audits are down while individual audits are up. If your income is over $1 million, you have a 6.42% chance of being audited. If your income is under … Continue reading →

Posted in IRS | Tagged | Comments Off on Who’s in the Crosshairs?

Governor Schwarzenegger Wants $8 Billion from the Feds

Posted on December 24, 2009 by Russ

The joy of living in California. The wonderful climate (it’s going to be 70 and sunny today). The beach is just a 15 minute drive from my house. I live in the safest city in the country. And our state … Continue reading →

Posted in California | Tagged | Comments Off on Governor Schwarzenegger Wants $8 Billion from the Feds

At Least They Got 30% Right…

Posted on December 24, 2009 by Russ

Government efficiency is usually thought of as an oxymoron. Yet another example of this has come to light—this time, in the world of tax. The Treasury Inspector General for Tax Administration (TIGTA) audited the IRS’ assignment of Individual Taxpayer Identification … Continue reading →

Posted in IRS | Tagged , | Comments Off on At Least They Got 30% Right…

Nominations for Tax Offender of the Year

Posted on December 24, 2009 by Russ

In one week I’ll release the name of 2009’s 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; it … Continue reading →

Posted in Taxable Talk | Tagged | Comments Off on Nominations for Tax Offender of the Year

Monday the Rabbi Went to ClubFed

Posted on December 22, 2009 by Russ

I’ve previously reported about Naftali Tzi Weisz, the Brooklyn rabbi who really like soliciting donations…but also secretly gave back much of the money. Rabbi Weisz pleaded guilty to Conspiracy earlier this year, and yesterday was sentenced to two years at … Continue reading →

Posted in Tax Fraud | Tagged | Comments Off on Monday the Rabbi Went to ClubFed

It’s Unpopular, Unworkable, and Insane, So Naturally They’re in a Hurry to Pass It

Posted on December 21, 2009 by Russ

So I noted last month (more accurately, noting that Joe Kristan’s comment was completely accurate). We have a new listing of the taxes in the healthcare legislation. The new taxes are noted by italics while taxes that have been removed … Continue reading →

Posted in Legislation | Tagged | 4 Comments

April 15th No More

Posted on December 20, 2009 by Russ

About a year ago I discover a tax blog called Apirl15.com. I doubt we’ll be seeing any more of this blog; according to an affidavit from an IRS Special Agent, the proprietor of the blog has admitted to embezzling $8.5 … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

Health Care Legislation: We’ll be Paying for This

Posted on December 20, 2009 by Russ

There is no free lunch. If the government provides us a benefit, it’s really we who provide that benefit. It’s our government, and the money that it’s giving us is our own, whether that money is borrowed or comes from … Continue reading →

Posted in Legislation | Tagged | Comments Off on Health Care Legislation: We’ll be Paying for This