Author Archives: Russ

Never Too Old for Fraud

Posted on September 24, 2007 by Russ

I am rarely surprised when I write about tax crime. I remember reading on Fark about a 91 year old bank robber with the headline never too old to steal. Today’s subject is a little younger, but still one of … Continue reading →

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Renaissance Refugee Targeted

Posted on September 23, 2007 by Russ

At least three times I’ve written about Renaissance, the Tax People. The company, now out of business, was a multi-level marketing firm that promoted deducting personal expenses as business expenses. The latter is why they’re out of business, with the … Continue reading →

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Adult Businesses & Taxes

Posted on September 23, 2007 by Russ

The Houston Chronicle has an interesting article about US Attorneys using the tax laws to go after adult business owners. Pornography, excuse me, adult businesses, are not liked by the government. Back in 2005, then US Attorney General Alberto Gonzales … Continue reading →

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Bozo IRS Agent Busted

Posted on September 23, 2007 by Russ

Bohdan Senyszyn worked for the IRS in Paterson, New Jersey. He audited mid to large-sized businesses. Mr. Senyszyn also holds a CPA license. Then things went wrong. In 1992, Mr. Senyszyn agreed to help a New Jersey real estate developer … Continue reading →

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2.75% or 30.6%?

Posted on September 19, 2007 by Russ

I’m a native of Chicago. It’s a great city, and has every kind of attraction you can think of. It’s also the home to the best baseball team in the world (unfortunately, they usually don’t have a good record). But … Continue reading →

Posted in Illinois, Sales Tax | Tagged | 1 Comment

Another One Bites the Dust

Posted on September 18, 2007 by Russ

Back in 2005 I wrote about Derivium Capital. They were under investigation by the IRS & FTB for making loans that converted capital gains to nothing! for tax purposes. A great scheme, if you can get away with it. Well, … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

Air Snipes Grounded

Posted on September 17, 2007 by Russ

Wesley Snipes lost his latest battle in federal court this past week. He had asked that his trial be moved from Ocala, Florida, to New York City. Snipes is accused of attempting to obtain a fraudulent $12 million tax refund. … Continue reading →

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Studying Abroad, Taxes, and Poker

Posted on September 17, 2007 by Russ

A reader asks, “I’m currently studying in undergraduate university in the U.S., where I hold my only citizenship. I was thinking about studying abroad, probably in Australia. I was thinking about going from around Jan.1-December 31st of 2009, or from … Continue reading →

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Lots of Fraud

Posted on September 16, 2007 by Russ

Tax fraud comes in many shapes and forms. This weekend has given me a plethora of examples. We’ll start in Dayton, Ohio. Martin Dorf found an interesting way to short the IRS: Report ten cents on the dollar. From 2001 … Continue reading →

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Termination of “Tax Termination Kit”

Posted on September 13, 2007 by Russ

Wouldn’t it be nice if we could buy a $39.95 package that would terminate our taxes? Tax protester Robert Schulz offered just such a package…until the US government got an injunction against him. But the IRS had this idea. Wouldn’t … Continue reading →

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