Author Archives: Russ

Taxing the Virtual World, Redux

Posted on December 6, 2006 by Russ

I’ve previously written about taxing the virtual world. Let’s say you’re playing an online game, one of those that have their own worlds, such as EverQuest or SecondLife. I own Russ’ Gold Depot, and you agree to purchase those 100 … Continue reading →

Posted in IRS | Tagged | Comments Off on Taxing the Virtual World, Redux

Hot Air in More Ways than One

Posted on December 6, 2006 by Russ

VaporTech is a Livermore (California) company that uses steam, vapor, and high pressure to clean toxic soils or increase oil production from old wells. Its CEO used to be John Frances Griffin. I say ‘used to be’ because Mr. Griffin, … Continue reading →

Posted in Tax Evasion | Comments Off on Hot Air in More Ways than One

Philanthropist, or Tax Evader?

Posted on December 6, 2006 by Russ

Joe Mammana owns the Yardley Egg Farm in Ohio. He’s pledged millions to crack down on criminals. There’s just one little problem, according to the U.S. Attorney’s Office: Mr. Mammana hasn’t paid his own taxes. The Associated Press reports that … Continue reading →

Posted in Tax Evasion | Comments Off on Philanthropist, or Tax Evader?

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.

Posted in Taxable Talk | Comments Off on A Tax Carnival

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 →

Posted in Taxable Talk | Comments Off on Travelling

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 →

Posted in Tax Evasion | Comments Off on Tapping the Till

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 →

Posted in California | Comments Off on Coming in 2007: Married but Single

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 →

Posted in Taxable Talk | Comments Off on The Twelve Blogs of Christmas

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 →

Posted in IRS | Comments Off on Washington 2, Indians 0

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 →

Posted in Tax Evasion | Tagged | Comments Off on Professor Maule on Snipes