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Author Archives: Russ
Pressed for Time No More
Earlier this year I wrote about Dentist Alan Vance of Charleston, West Virginia. Dr. Vance wanted a swimming pool. Nothing wrong with that idea; however, his method left out a necessary step. He took cash payments from his dentistry practice … Continue reading
Posted in Tax Evasion
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Another Battle in the Spanish-American War?
Remember the Maine? That was the battle cry for the Spanish-American War. That war was fought in 1898 and was funded by an excise tax on a then luxury, telephone service. Move forward 90 years. The excise tax was still … Continue reading
Posted in IRS
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Las Vegas 2, Sacramento 0
The Nevada Development Authority is Southern Nevada’s government agency that attempts to draw new businesses to the Las Vegas area. They’ve got a new campaign aimed at California. Why? Well, the California Legislature is making the NDA’s job easy. Here’s … Continue reading
Posted in California, Nevada
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Catching Up on the Past
We’ve got some catching up to do. A few miscreants that we reported on have recently reappeared in the news, so here goes. First, our 2008 Tax Offender of the Year, Robert Beale, had his appeal heard earlier this year. … Continue reading
Dust in the Wind
I appear to have returned from my vacation full of classic rock. Tonight’s selection is Kansas’ Dust in the Wind. Here’s an excerpt: [Now] Don’t hang on, nothing lasts forever but the earth and sky It slips away, and all … Continue reading
Posted in California
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Welcome to the Hotel California
The Eagles song Hotel California remains a classic rock hit. During my recent vacation I walked through a Hotel California—the California Hotel and Casino in downtown Las Vegas. The California has a Hawaiian theme, and the hotel is popular with … Continue reading
Vacation
It’s time for my annual vacation. I’ll be back on Tuesday, August 4th. While on vacation I may post if there’s significant news on the California budget; otherwise, until I return you can catch up on taxes from the bloggers … Continue reading
Posted in Taxable Talk
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Tax Changes in the California Budget
The California budget deal will likely be voted on today or tomorrow. There are a number of tax changes in it that will impact Californians: Estimated Taxes Accelerated (Again). Under federal law, taxpayers make four equal (25%) estimated tax payments … Continue reading
Posted in California
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Federal Toilet Paper Tax?
Via Watts Up With That comes news of Congressman Earl Blumenauer’s (D-OR) proposed Water Resources Protection Act. Buried in this legislation are four new taxes [link opens a Word document] – 3% excise tax on items disposed of in wastewater, … Continue reading
Posted in Legislation
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It’s Official, But the Details Are Lacking
California has a budget deal. That said, the devils is always in the details and those are lacking this morning. What’s known is that local governments (counties and cities) will face a $5 billion cut, the plan includes borrowing and … Continue reading
Posted in California
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