Author Archives: Russ

Deadlines for Clients

Posted on April 7, 2009 by Russ

Last month in my email to clients I noted that if paperwork for your returns was not in my hands by early April it was probable you would need to file an extension. Well, that day is here. If your … Continue reading →

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Property Taxes Due on Friday

Posted on April 7, 2009 by Russ

If you’re a Californian, your second property tax payment is due this Friday, April 10th. Your payment must either be postmarked by Friday or paid by Friday to avoid penalties. The Orange County Tax Collector has an online system available … Continue reading →

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Bozo Tax Tip #7: Nevada Corporations

Posted on April 6, 2009 by Russ

Nevada is doing everything it can to draw businesses from California. Frankly, California is doing a lot to draw businesses away from the Bronze Golden State. But just like last year you need to beware if you’re going to incorporate … Continue reading →

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Bozo Tax Tip #8: The Shell

Posted on April 3, 2009 by Russ

I was talking with a friend who is an attorney in the Midwest. She told me about an individual who decided to use ten layers of shell companies to hide his income. It worked so well that the Bozo had … Continue reading →

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Bozo Tax Tip #9: Only Foreign Income Is Taxable

Posted on April 2, 2009 by Russ

Another repeat from 2008, mainly because people still try to peddle this snake oil. This conversation took place just yesterday. Two prospective clients came into my office (husband and wife). I showed them my Engagement Letter first, and they wanted … Continue reading →

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Bozo Tax Tip #10: Use Consecutive SSNs When Cheating the IRS

Posted on April 1, 2009 by Russ

It’s time for our annual rundown of Bozo Tax Tips, strategies that you really, really, really shouldn’t try. But somewhere, somehow, someone will try these. Don’t say I didn’t warn you. Here’s a repeat for the third year: Let’s thank … Continue reading →

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Pre-April 15th Hiatus

Posted on March 29, 2009 by Russ

It’s that time of year again. I’ve written my top ten Bozo Tax Tips to help people like Richard Hatch in his quest to prove 300 million witness wrong. Those tips will start posting automatically beginning this coming Wednesday. Until … Continue reading →

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Hatch Again Asks for Freedom

Posted on March 29, 2009 by Russ

Richard Hatch, the Survivor winner who decided he didn’t have to pay taxes on his $1 million of winnings, is again asking a court to free him. He’s filed a motion with the US District Court in Rhode Island that … Continue reading →

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A Good Blog to Visit

Posted on March 29, 2009 by Russ

Peter Pappas, proprietor of the Tax Lawyer’s Blog, reminded me that I have forgotten to include him on my blogroll. Well, that’s an error I was happy to correct. Mr. Pappas’ blog is excellent, and we share annoyance over an … Continue reading →

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There’s Lots of Waste in California’s Government

Posted on March 25, 2009 by Russ

That’s the only conclusion I can draw after perusing this morning’s Orange County Register. A headline reads, “State Considers Ban on Big-Screen TVs.” No, it’s not April 1st—the headline is for real. The California Energy Commission—that’s the same group of … Continue reading →

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