Author Archives: Russ

What In the World Does the IMF Have to Do with Taxes?

No, I’m not talking about the Impossible Missions Force. I’m speaking about…well, to be honest, a lot of nothing. But several charlatans have been promoting an “IMF Decoding Service.” Indeed, if you do a search on Google or some other … Continue reading →

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Field Poll Says Prop 82 Now Trailing

Proposition 82, the pre-school for all, tax the wealthy, help Las Vegas, Phoenix, and Denver initiative, now trails, according to a Field Poll just released. For those, like me, who are against the initiative, vigilance is still required. Democrats are … Continue reading →

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2005 Tax Offender of the Year Sentenced

For those who don’t remember, we had a long list of participants to choose from for the 2005 Tax Offender of the Year. Our lucky winner, Sharon Lee Caulder, formerly of New Orleans, recently of Oakland, and soon to be … Continue reading →

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Have Californians Wised Up?

Proposition 82, the free preschool, tax increase, Help Las Vegas, Phoenix, and Denver Initiative, may now be trailing in polls. While no new polls have been released publicly, Bill Bradley of LA Weekly notes in a recent column that support … Continue reading →

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The IRS Give Single Member S Corps a Lump of Coal

The IRS announced today a “clarification” of the rules for self-employed health insurance deductions for S Corporations. This is bad news overall, and especially bad news for California S Corporations. The self-employed health insurance deduction allows sole proprietorships, partnerships, LLCs … Continue reading →

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US: In the Middle

Forbes magazine recently presented its annual comparison of taxes in the US to the world. So where does the US rank? More or less, in the middle. Of course, that depends on what state you reside in. The comparison looked … Continue reading →

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The Spanish-American War Officially Ends!

And you thought that the Treaty of Paris (signed on December 10, 1898) ended the Spanish-American War. No! It ended today, May 25, 2006, when the Department of the Treasury announced that they will no longer fight for enforcement of … Continue reading →

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Proposition 82: Be Scared. Be Very Scared.

Proposition 82, the Mandatory Preschool/Tax Increase/Help Las Vegas, Phoenix, and Denver Initiative, still leads in the polls. However, the last statewide poll was released over a month ago. Unfortunately for all Californians, the primary election on June 6th is dominated … Continue reading →

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Fixing the Match: Italian Tax Evasion

I’m not a soccer fan. But if you are, the World Cup begins in just a couple of weeks. One of the favorites (based on what I’ve read) is Italy. But a scandal is clouding the picture. International football (soccer, … Continue reading →

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Tax Increase Prevention and Reconciliation Act of 2005

That’s not a typo in the subject of this post. The tax bill that was signed last week by President Bush is titled “The Tax Increase Prevention and Reconciliation Act of 2005.” Apparently Congress didn’t look at a calendar…. Here … Continue reading →

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