Author Archives: Russ

IRS Digital Fraud Detection System Out of Order

Posted on July 14, 2006 by Russ

The IRS acknowledged that the system they use to detect digital fraud was not updated before the 2006 tax year. This failure may have led to $300 million being paid in bogus tax returns. The “Electronic Fraud Detection System,” or … Continue reading →

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California Fights Back Against Nevada; Will It Matter?

Posted on July 14, 2006 by Russ

According to this news story, California will soon unveil a $600,000 ad campaign to fight back at Nevada’s attempt to lure California businesses. California, according to the new ads, is, “…the place where the smartest companies are located.” While this … Continue reading →

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The Week in Tax Crime

Posted on July 14, 2006 by Russ

While I scampered about on my recent trip, plenty of tax crooks were being led away. Here’s the weekly update: As reported last week, bad news is piling up for Kent Hovind. After his defeat in Tax Court, he found … Continue reading →

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We’ve Moved, Sort of…

Posted on July 14, 2006 by Russ

Our blog host has switched servers, so it will take about 72 hours for this change to move through the Internet. If you’ve gotten a “403” error when you attempted to see us, we apologize for the inconvenience. Rest assured, … Continue reading →

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Traveling

Posted on July 6, 2006 by Russ

I will be traveling over the next few days on business, and postings will be limited until next Wednesday or Thursday. Take a look at some of the other excellent tax blogs noted in the blogroll to the right.

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A Dinosaur Won’t Help (Nor Will Phony Trusts)

Posted on July 6, 2006 by Russ

If all we had to do to avoid paying taxes was form our own church, with just our own family as the congregation, wouldn’t we do it? And if we could just declare that John and Jane form a “trust” … Continue reading →

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New Jersey Has Its Budget

Posted on July 6, 2006 by Russ

New Jersey legislators and Governor Jon Corzine agreed on a budget deal today. The deal includes the sales tax increase from 6% to 7%, but with half the proceeds of the increase being used to reduce property taxes this year … Continue reading →

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What Not to Do In a Crisis

Posted on July 4, 2006 by Russ

Assume you run an organization, and you discover that your revenues (income) are being exceeded by your expenses. What would you do? Would you, (a) Immediately close down your sixth largest source of income, (b) Close down your fourth and … Continue reading →

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Corzine Shuts Down New Jersey

Posted on July 2, 2006 by Russ

Democratic Governor Jon Corzine ordered all nonessential New Jersey government offices to close, and road construction projects, motor vehicle offices, and the state lottery all went dark. Governor Corzine wants an increase in the state sales tax of 1%; the … Continue reading →

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There’s Still the Old Black & White TV

Posted on June 29, 2006 by Russ

In the United States, when you’re accused of tax evasion you have lots of legal recourse, including fighting the charges within the IRS’ appeals process, and then Tax Court. However, in Argentina it appears things work differently. Just two days … Continue reading →

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