Author Archives: Russ

A Tax Carnival

Posted on December 6, 2006 by Russ

Don’t Mess With Taxes has the December Tax Carnival up. It’s well worth reading this compendium of posts.

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Travelling

Posted on December 1, 2006 by Russ

I’ll be on the road for the next few days, so posting will be light to nonexistent until next Wednesday. While I’m gone you may want to catch Joe Kristan’s series on year-end tax planning. While his focus is on … Continue reading →

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Tapping the Till

Posted on December 1, 2006 by Russ

This is a story that really speaks for itself. Reverend John Henry Walker of the Macedonia Baptist Church in Charlotte, North Carolina pleaded guilty to nine counts of tax evasion and bank fraud. The Associated Press reported that federal prosecutors … Continue reading →

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Coming in 2007: Married but Single

Posted on December 1, 2006 by Russ

California’s Legislature passed domestic partners tax legislation earlier this year. For 2007 (not 2006), qualified domestic partners are required to file as Married, Filing Jointly on their California state tax returns. However, they must continue to file as single on … Continue reading →

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The Twelve Blogs of Christmas

Posted on November 29, 2006 by Russ

Fellow tax blogger Dan Meyer of Tick Marks is listing out his twelve favorite blogs—the “Twelve Blogs of Christmas.” He started with tax blogs, and we’ve made the grade. I’ve been somewhat remiss in noting that the other tax bloggers … Continue reading →

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Washington 2, Indians 0

Posted on November 29, 2006 by Russ

Municipal bonds are part of many investors portfolios. They’re tax advantaged, as most municipal bonds are tax free. Of course, the issuing agency must follow some rules: the bonds must be for an essential government function. The Cabazon Band of … Continue reading →

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Professor Maule on Snipes

Posted on November 24, 2006 by Russ

Professor Maule of MauledAgain has a great column on the Wesley Snipes case. Among Professor Maule’s excellent points are, “Snipes is a celebrity. People pay attention to him. Therefore, he has an obligation to set a good example. Although some … Continue reading →

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Wesley Snipes: I’m a Scapegoat

Posted on November 21, 2006 by Russ

Wesley Snipes sent an email over the weekend to Scott Maxwell, a columnist at the Orlando Sentinel. Maxwell put the highlights of Snipes’ email in his column; the full, unedited email is in his blog. It makes interesting reading for … Continue reading →

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The Third Time Isn’t the Charm

Posted on November 21, 2006 by Russ

Today, the Tax Court looked at the case of a man who had appeared before the court twice previously. In 2001, “the Court explained to petitioner that taxable income includes money and other goods received in exchange for services and … Continue reading →

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Just a Pinch of Fraud

Posted on November 20, 2006 by Russ

Three stories today, all with a recurring theme: fraud. We’ll look at a new but not so good method to sell for less. Then we’ll take a peak at two accountants, and how they made money…for themselves. Tommy James Hudgins … Continue reading →

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