Author Archives: Russ

“I Ain’t Got It, So You Can’t Get It” Doesn’t Generally Apply to the IRS

Posted on July 15, 2017 by Russ

Ain’t never gave nothin to me But everytime I turn around Cats got they hands out wantin something from me I ain’t go it so you can’t get it… So goes part of the lyrics of “X Gon’ Give It … Continue reading →

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The IRS Gives Good Suggestions on Handling an IRS Notice

Posted on July 15, 2017 by Russ

Earlier this week the IRS sent out “Tips on How to Handle an IRS Letter or Notice:” Tips on How to Handle an IRS Letter or Notice The IRS mails millions of letters every year to taxpayers for a variety … Continue reading →

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Helping the Las Vegas Economy Isn’t a Good Excuse for Not Paying Employment Taxes

Posted on July 9, 2017 by Russ

I’m a resident of Las Vegas, so things that help the local economy are generally good. Of course, I have a bias: A good Nevada economy will help keep taxes down. Richard Tatum, Jr. of Houston helped the Las Vegas … Continue reading →

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Truth In Advertising Isn’t Always a Good Idea

Posted on July 2, 2017 by Russ

There are laws mandating that advertisements be accurate. Sometimes, though, you can get in trouble for being ‘truthful.’ Michael Raymond Martinez of Fullerton, California did himself no favors by his advertisements. Mr. Martinez was a tax professional in Fullerton (Orange … Continue reading →

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Boston Bruins 2, IRS 0

Posted on June 26, 2017 by Russ

The United States Tax Court today looked at whether pregame road meals for a National Hockey League (NHL) team are “meals and entertainment” expense (which would be deductible at 50% of cost) or a “de minimis fringe” and deductible at … Continue reading →

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If You Want to Get In Tax Trouble as a Business…

Posted on June 25, 2017 by Russ

…simply do not deposit your payroll taxes. As best as I can tell, the IRS investigates 100% of such violations. One Missouri business owner pleaded guilty last week to failing to pay the IRS more than $1.4 million in payroll … Continue reading →

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2016 Tax Offender of the Year Gets 34 Months at ClubFed

Posted on June 25, 2017 by Russ

Last April, a husband and wife from Minnesota were indicted on tax evasion charges. There wasn’t anything unusual about what they allegedly did; besides lying to their tax professional and the IRS they deducted personal expenses as business expenses. The … Continue reading →

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California Single-Payer Health Plan Shelved

Posted on June 25, 2017 by Russ

As Samuel Johnson said, “Whatever you have, spend less.” Apparently some Democrats in the California legislature have realized the virtue of this quote. Assembly Speaker Anthony Rendon shelved the single-payer measure, calling it “woefully incomplete.” The California Senate Appropriations Committee … Continue reading →

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“celebritytaxguy” Soon to be at ClubFed

Posted on June 18, 2017 by Russ

Michael Joseph Calalang Cabuhat had been living the good life. He had a nice house in the Hollywood Hills (of Los Angeles) and drove a Ferrari 360 Spider. Mr. Cabuhat owned a tax practice in Glendale (near Los Angeles) and … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

Office Closed on June 16th

Posted on June 16, 2017 by Russ

Two idiot drivers raced down Jones Blvd in front of our office this morning driving an estimated 80mph in a 35 zone. They hit an innocent SUV which flipped, caught on fire, and landed on top of a transformer. The … Continue reading →

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