Author Archives: Russ

Muffled

Later this week I need to bring my car in for service. The auto repair shop I use is on the up-and-up. However, not all of them are. Today, the Tax Court looked at a Colorado muffler shop which apparently … Continue reading

Posted in Tax Court, Tax Fraud | Comments Off on Muffled

2007-2008 IRS Priority Guidance Issued; Poker Still on the List

Today, the IRS issued its 2007-2008 Priority Guidance Plan. These are the major issues the IRS expects to complete during the year. There are 303 items on the list. Poker tournaments remain on the IRS’ radar screen. Like the previous … Continue reading

Posted in IRS | Comments Off on 2007-2008 IRS Priority Guidance Issued; Poker Still on the List

More than a Pinch of Fraud

While I’ve been gone for the last two weeks, I collected many stories about tax fraud. Here are just a few of them (if I included all of them, it would fill many pages of this blog). Two members of … Continue reading

Posted in Tax Fraud | Comments Off on More than a Pinch of Fraud

Not a Good Week for Bozo Tax Preparers

There are good tax preparers, bad tax preparers, and bozo tax preparers. There have been two recent stories about the latter group—tax preparers, please don’t copy their methods. >From San Jose, California, comes the story of Melinda Newens. The former … Continue reading

Posted in Tax Fraud, Tax Preparation | Tagged | Comments Off on Not a Good Week for Bozo Tax Preparers

No Progress on the Budget

I’ve been gone for two weeks (one week on vacation, one week in Florida on business), and California’s budget situation is unchanged. The GOP wants a balanced budget, an agreement that Attorney General Jerry Brown won’t sue developers over global … Continue reading

Posted in California | Comments Off on No Progress on the Budget

Probate in CA: Notify the FTB

The passage of AB361 in California has modified California’s Probate Code (§902). Beginning July 1, 2008, estate representatives must notify the Franchise Tax Board when an estate is opened for probate. Current law requires notification within 90 days by an … Continue reading

Posted in California | Tagged | Comments Off on Probate in CA: Notify the FTB

A Strip of Evasion

I’m heading to Florida tomorrow, so posting will be light to non-existent until the weekend. Until then, here’s yet another story of someone who got into tax trouble from a strip club. And, yes, the name of the individual did … Continue reading

Posted in Tax Evasion | Tagged | Comments Off on A Strip of Evasion

Vacation

Yes, it’s time for my annual vacation. I’ll be back on August 6th; however, I’m heading out of town on August 7th for the remainder of that week on a business trip so posting will likely be light until August … Continue reading

Posted in Taxable Talk | Comments Off on Vacation

Will There be a Budget When I Get Back From my Vacation?

I’m leaving tomorrow for a ten-day vacation. Will California’s legislature have a budget by the time I return? Republicans in the State Senate want a balanced budget. State Senator Tom Harman (R-Huntington Beach) told the Flash Report, “Senate Republicans have … Continue reading

Posted in California | Comments Off on Will There be a Budget When I Get Back From my Vacation?

Like Father, Like Son

Following in your father’s footsteps can be a very good thing. However, when you’re following your father into (potentially) prison for tax evasion, that’s not a good thing at all. Let’s first talk about the father, David Pflum. The elder … Continue reading

Posted in Tax Evasion | Comments Off on Like Father, Like Son