Category Archives: California

That Was the Week That Was

A very interesting week has past, featuring PTIN madness, a new California budget that is yet another bad budget, and what not to do if you’re unhappy with your tax refund. First, Joe Kristan linked to the Bad Lawyer Blog. … Continue reading

Posted in California, IRS, Tax Evasion | Comments Off on That Was the Week That Was

Bills Vetoed and Signed

Lots of bills signed and vetoed by Governor Schwarzenegger. Most of these do not have tax implications though a few do. Here goes: SB 1244 was signed into law. This fixes a major conformity issue between federal and California law … Continue reading

Posted in California | 1 Comment

A Budget Deal Is Reached But…

…No one knows what’s in it. AP and the Sacramento Bee are reporting that a budget deal has been reached. Assembly Republican Leader Martin Garrick (R-Carlsbad) released a statement stating, “Legislative leaders and the Governor have finally reached an agreement … Continue reading

Posted in California | Tagged | Comments Off on A Budget Deal Is Reached But…

There’s No Budget like California’s Budget…

Ethel Merman sang about how appealing show business is. She wouldn’t be singing about how good California’s budget situation is. There’s basically nothing to report. In theory, there will be negotiations tomorrow (October 1st), but I remain pessimistic. There’s no … Continue reading

Posted in California | Tagged | Comments Off on There’s No Budget like California’s Budget…

No Budget Yet

There’s no budget, but negotiations are scheduled to continue tomorrow. This story in the San Jose Mercury leads me to believe we’re still a couple of days away from an agreement, and likely at least a week from a vote. … Continue reading

Posted in California | Tagged | Comments Off on No Budget Yet

Budget Framework Reportedly Reached

News reports state that a “framework for a budget deal has been reached” and that the Big Five (Governor Schwarzenegger and the Democratic and Republican legislative leaders) plan on working through the weekend to hammer out the details. The goal … Continue reading

Posted in California | Tagged | Comments Off on Budget Framework Reportedly Reached

Sacramento Bound

California doesn’t have a budget. When I return home from Sacramento on Sunday, California will not have a budget. It’s probable that when we vote in the mid-term elections in 40 days that California will not have a budget. Why … Continue reading

Posted in California | Tagged | Comments Off on Sacramento Bound

Horse Racing About to be an Even Worse Bet in California

I don’t think that I’m revealing a secret when I tell you that most gamblers lose. The casinos in Las Vegas and elsewhere weren’t built by having more people win than lose. The horse racing industry has struggled in recent … Continue reading

Posted in California, Gambling | Tagged | Comments Off on Horse Racing About to be an Even Worse Bet in California

No Progress in California Budget; May Soon Impact Tax Refunds

There’s nothing new to report on the California budget. The unstoppable force has collided with the immovable object, and nothing’s happening for now. California Controller John Chiang is warning that he will soon be forced to issue registered warrants (aka … Continue reading

Posted in California | Tagged | Comments Off on No Progress in California Budget; May Soon Impact Tax Refunds

Unladylike Behavior or Election Year Politics?

Earlier this week California Attorney General (and Democratic candidate for Governor) Jerry Brown filed a $34 Million lawsuit against the Roni Deutch Law Firm. Ms. Deutsch (who has a tax blog) and her law firm focus on representing taxpayers in … Continue reading

Posted in California | Tagged | 1 Comment