Author Archives: Russ

Where the Wealth Is (In California)

The Franchise Tax Board released county income statistics for 2005 last week. Not surprisingly, the San Francisco Bay Area had the wealthiest individuals (as measured by tax returns), with Marin County leading the way with a median income of $48,854 … Continue reading

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You Don’t Have to Pay Income Tax, Part 79

Anyone can write a book these days (I know; I’ve written two). However, some aren’t worth the paper they’re printed on. Joe Kristan at Roth Tax Updates reported on Cracking the Code: The Fascinating Truth About Taxation in America. As … Continue reading

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A Dose of Evasion for the Weekend

I’ve been on the road this week, and am enjoying the nice weather in the upper Midwest. The individuals I’m going to profile are probably not enjoying much, including the weather. In Flint, Michigan, Linda Cochran prepared tax returns. She … Continue reading

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Bozo Tax Preparer Stymied

Taxes have (justifiably) a bad reputation. It doesn’t help matters when a bozo tax preparer is on the loose. >From Lake Worth, Florida, comes the story of bozo tax preparer Louis Wayne Ratfield. Mr. Ratfield operated LWR Accounting and Tax … Continue reading

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Tax Day Up North

Tomorrow is Tax Day in Canada. The Edmonton Journal has an article about how Revenue Canada (their equivalent to the IRS) is not feared though it perhaps should be. There’s an interesting quiz at the end of the article. The … Continue reading

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Humorous Mail During Tax Time

It’s always amazing to read the mail. I’ve received several items (mainly by email) that are interesting. So let’s take a look at some of the mail. Of course, none of the answers are specific tax advice; anyone needing specific … Continue reading

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Setting A Sterling Example….Not

I’ve reported on the shenanigans committed by Renaissance, the Tax People, before. Today, former IRS District Director Jesse Cota pleaded guilty to defrauding the U.S. out of $1.3 million while he was with Renaissance. He also admitted to earning more … Continue reading

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The Fiction Strikes Back

I haven’t blogged about the arrest, conviction, and sentencing of Ed & Elaine Brown. “Ed and Elaine Brown insist tax laws do not exist and have holed up in their hilltop home in Plainfield, which has a watchtower, concrete walls … Continue reading

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Ex Parte Means Ex Parte

Yesterday, the Tax Court decided Industrial Investors v. Commissioner. Industrial Investors, a corporation in Santa Monica, California, had fought the IRS in Tax Court. The case was then appealed to the 9th Circuit Court of Appeals. After the case was … Continue reading

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Some More Fraud

Crime doesn’t pay, especially when you get caught. As I mentioned yesterday, I’ve got another full slate for you tonight. We’ll start with some garden variety fraud in Georgia. Stephen Taylor operated 20/20 Payroll Solutions, and he made sure that … Continue reading

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