Author Archives: Russ

Pigs Spotted Flying in New Jersey?

Posted on February 27, 2008 by Russ

New Jersey has been in my view the poster child of what happens when liberal tax and spend runs amuck. Eventually the money runs out in a downturn, and that appears to be happening in the Garden State. Governor Jon … Continue reading →

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February 28th, Not the 29th, Is the Deadline

Posted on February 27, 2008 by Russ

There’s a tax deadline tomorrow that effects employers and others. If you file paper copies of 1099s/1096s and/or W-2Gs/1096s, you must mail your copies by February 28th, not February 29th. If you electronically file your information returns, you have until … Continue reading →

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Chihuahuas Don’t Evade Taxes

Posted on February 24, 2008 by Russ

Last week I had a story about a Taco Bell franchisee around the time that the chain had a talking chihuahua. Today I have a story where a tax evader compares himself to a chihuahua. Bohdan Senyszyn is a CPA … Continue reading →

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Legal Extortion in New Jersey

Posted on February 24, 2008 by Russ

States are having tax troubles, and New Jersey is one of those. The Tax Foundation has a great story about how a South Carolina company was forced to pay off New Jersey in order to get a truck released from … Continue reading →

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Athletes in Tax Trouble

Posted on February 24, 2008 by Russ

Two reports this weekend about athletes having tax troubles. First, former baseball player Lenny Dykstra refused to pay his accountant’s bill. Well, he was billed $111,097. I guess I don’t charge enough. Anyway, Dykstra told the New York Daily News, … Continue reading →

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Economic Stimulus Rebates & Tax Rebate Calculators

Posted on February 23, 2008 by Russ

If you’re wondering what your tax rebate will be, here are a couple methods to find out. Kiplinger has added a rebate calculator. And Spidell will soon add one to their website. The IRS has updated their webpage on the … Continue reading →

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We the Losers

Posted on February 22, 2008 by Russ

We the People, the tax protester organization headed by Robert Schulz, has been on the wrong ends of various court rulings. We the People believed that you could voluntarily stop withholding. The IRS and the Department of Justice didn’t like … Continue reading →

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$16 Billion and Growing

Posted on February 22, 2008 by Russ

California’s budget deficit has grown another 10%, from $14.5 billion to $16 billion. Why? Because all sources of tax revenues are down: sales tax, personal income tax, and corporate income tax. This will be the year that our Legislature has … Continue reading →

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Germany Isn’t Happy with Liecthenstein

Posted on February 21, 2008 by Russ

The tiny principality of Liechtenstein is known as a tax haven. A few months ago an ex-employee at a bank in Liechtenstein apparently leaked details of some bank accounts held by Germans. The German finance ministry has said that they … Continue reading →

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Tax Protesters Targeted

Posted on February 21, 2008 by Russ

Thinking about using one of the creative arguments in the Tax Protester FAQ? You may want to think again. Besides the fact (and yes, it’s a fact) that all of those arguments won’t hold up the IRS and the Department … Continue reading →

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