Author Archives: Russ

Bozo Tax Tip #8: Use Consecutive SSNs When Cheating the IRS

Posted on April 5, 2008 by Russ

Another repeat from last year, but with a better morale than before. Here’s what I wrote last year: Let’s thank Michael Graham of Queens, New York for coming up with this gem. Mr. Graham decided to file phony tax returns … Continue reading →

Posted in Tax Preparation | Tagged | Comments Off on Bozo Tax Tip #8: Use Consecutive SSNs When Cheating the IRS

Probation for Olenicoff?!

Posted on April 5, 2008 by Russ

I can’t believe this. As I reported in December, local billionaire Igor Olenicoff pleaded guilty to $52 million of tax fraud last December. In his plea agreement it appeared he would get a few months at ClubFed. As Joe Kristan … Continue reading →

Posted in Tax Evasion | Tagged | Comments Off on Probation for Olenicoff?!

Bozo Tax Tip #9: Only Foreign Income Is Taxable

Posted on April 3, 2008 by Russ

Today’s Bozo Tax Tip is a repeat from last year. It’s just another of the tax protester myths, that only foreign income is taxable. It’s also one that has come up again during this tax season. So, without further ado, … Continue reading →

Posted in Tax Preparation | Tagged | Comments Off on Bozo Tax Tip #9: Only Foreign Income Is Taxable

Bozo Tax Tip #10: The Trouble With Harry

Posted on April 1, 2008 by Russ

I’m a big fan of Alfred Hitchcock movies. One of my favorites is The Trouble With Harry. Another movie with a similar plot is Weekend at Bernie’s. These movies deal with death in a light-hearted manner. Since this is a … Continue reading →

Posted in Tax Preparation | Tagged | Comments Off on Bozo Tax Tip #10: The Trouble With Harry

No Fooling: Light Posting for the Next Two Weeks

Posted on April 1, 2008 by Russ

Other than my upcoming Bozo Tax Planning Series (which will begin later today), posting will be very light until after April 15th. I have lots of work in the in-basket, and not much time to get it all done. For … Continue reading →

Posted in Taxable Talk | Comments Off on No Fooling: Light Posting for the Next Two Weeks

No Pole Tax in Texas

Posted on April 1, 2008 by Russ

I’m not talking about a poll tax, but a pole tax as in strip clubs. Travis County (Texas) Judge Scott Jenkins ruled that the $5 admissions tax to Texas strip clubs was unconstitutional as a violation of freedom of expression … Continue reading →

Posted in Texas | Comments Off on No Pole Tax in Texas

A Bit of Fraud

Posted on March 30, 2008 by Russ

Another light week on the tax fraud front. But while it lacks depth, some of the cases are definitely amusing. Three women in Maryland allegedly had a Bozo idea on how to make some money. Let’s get some inmates at … Continue reading →

Posted in Tax Fraud | Comments Off on A Bit of Fraud

Democrats Unhappy With Nevada Advertisements

Posted on March 30, 2008 by Russ

Earlier this week I posted an advertisement from the Nevada Development Authority. The Los Angeles Times had an article today noting that Democrats in Sacramento are unhappy with the advertisements that portray California as a tax-happy state. Of course, Democrats … Continue reading →

Posted in California, Nevada | Comments Off on Democrats Unhappy With Nevada Advertisements

Sometimes There Really Is A Free Lunch

Posted on March 28, 2008 by Russ

Nevada’s constitution exempts food for human consumption. The Nevada Department of Taxation believed that Use Tax was owed on meals that were given out free of charge (either to employees or as complimentary meals to patrons); the Nugget Hotel in … Continue reading →

Posted in Nevada | Comments Off on Sometimes There Really Is A Free Lunch

The Wesley Snipes Tax Blog

Posted on March 27, 2008 by Russ

Courtesy of the TaxProf Blog and Roth Tax Updates, I discover that NewsGroper.com has created a tongue-in-cheek Wesley Snipes Tax Blog. From that blog: “n fact, we have a philosophy that separates us from all those other tax advisement companies … Continue reading →

Posted in Tax Evasion | Tagged | Comments Off on The Wesley Snipes Tax Blog