Author Archives: Russ

Tsunami: California Complies

Posted on March 22, 2005 by Russ

California has passed (and the Governator has signed) SB50, a law allowing tsunami-related charity donations made in January 2005 to be taken on your 2004 tax returns. The same conditions that apply to donations on the Federal (US) tax returns … Continue reading →

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Unorthodox Attorney’s Method: Don’t Pay the IRS

Posted on March 22, 2005 by Russ

The San Francisco Chronicle reports that J. Tony Serra, a criminal defense attorney, has been charged for “at least the third time” with failure to pay federal income taxes. He’s expected to plead guilty to at least one of the … Continue reading →

Posted in Tax Fraud | 6 Comments

Un-Amnesty

Posted on March 16, 2005 by Russ

California currently has a tax amnesty program. It has a little carrot and a BIG stick. If you haven’t filed (or are otherwise delinquent) for a tax year before 2003, you can file an amnesty application by March 31st; you … Continue reading →

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If We Can’t Win, Let’s Change the Rules

Posted on March 15, 2005 by Russ

On the Federal level, the Democrats in the Senate want to filibuster President Bush’s judicial nominees. Whether the Democrats in the Senate like it (or not), there’s nothing in the Constitution saying that you can filibuster appointments. The Democrats are … Continue reading →

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Richard Hatch: CBS Should Have Withheld Taxes

Posted on March 13, 2005 by Russ

When we last left Richard Hatch, the $1 million winner from Survivor who didn’t pay his income taxes, he withdrew his plea of guilty. He now claims, in an interview with AP, that CBS should have withheld his taxes because … Continue reading →

Posted in Tax Evasion | Tagged | 6 Comments

The Disneyland Impact

Posted on March 9, 2005 by Russ

According to the Daily News, Disneyland brings $3.6 billion annually to the local economy. This story details the positive impact of the theme park: $1.62 billion to Orange County (45% of the impact). That mouse brings in a lot of … Continue reading →

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Hatch Backs Away From Plea

Posted on March 9, 2005 by Russ

While I was on the East Coast, Richard Hatch backed off from pleading guilty to tax fraud. Hatch, who won $1 million on Survivor, allegedly did not declare his prize on his tax return. The government has dismissed the charges, … Continue reading →

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Just a “Little” Evasion ($200 Million)

Posted on March 1, 2005 by Russ

As you will undoubtedly read (or have read) in your local newspaper, Walter Anderson has been arrested for allegedly not paying $200 million in Federal and District of Columbia income taxes. Roth & Company’s tax updates (now renamed www.taxupdateblog.com) has … Continue reading →

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Cheat $3.7 Million, Pay $1.4 Million

Posted on March 1, 2005 by Russ

Adult videos can be a lucrative business. Michael S. Morrison of Atlanta owned some adult video stores. In 2000 & 2001, he reported on his tax return lower “booth rentals” because of competition. The IRS felt otherwise. As the Atlanta … Continue reading →

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California Warned (Again) on Factory Jobs

Posted on March 1, 2005 by Russ

California received yet another warning about its’ dreadful business climate. According to this story in the Sacramento Bee, 1.3 million of California’s 1.5 million factory jobs are in danger of being lost. According to the Bay Area Economic Forum, most … Continue reading →

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