Author Archives: Russ

Changing Planes Can Be Hazardous to Your Wealth

Posted on July 18, 2006 by Russ

Almost everyone prefers to fly nonstop rather than changing planes. However, sometimes we just can’t avoid it. Seasoned travelers have learned to avoid certain airports when changing planes because of delays. For one traveler, that delay may end up as … Continue reading →

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Demotion In Italian Soccer Scandal

Posted on July 15, 2006 by Russ

Italy may have won the World Cup, but it’s soccer scandal continues. Three teams have been demoted from Italy’s top league, Serie A, to Serie B. Juventus, of Turin, Fiorentina, and Lazio, of Rome, were all thrown into Italy’s “Junior … Continue reading →

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It’s Going, Going, Gone…To Court?

Posted on July 15, 2006 by Russ

It’s rare when we get to talk about the sports world on this blog. However, there are a couple of stories that are worth some discussion. Barry Bonds, home run hitter extraordinaire, and alleged steroid/performance enhancing drug user, appears to … Continue reading →

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“Tax Relief Is Good. Taxes Are Bad.”

Posted on July 14, 2006 by Russ

If you’d ask John Q. Public his opinion on taxes, the answer you would receive would probably be the title of this post. And politicians who forget this are usually in for a surprise. This November Californians will vote for … Continue reading →

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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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