Category Archives: New Jersey

Attorney Gets Tax Lien, Then Allegedly Commits Tax Evasion

Lee Gottesman is a bankruptcy attorney in Toms River, New Jersey. He is also facing a heap load of tax troubles for some of the usual reasons. According to the Department of Justice, Mr. Gottesman allegedly created a sub account … Continue reading

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Another Survey, Another Bad Result for California

Yet another survey puts California among the worst three states from a tax perspective. Alvarez & Marsal Taxand, a consulting and tax advisory firm, surveyed 800 financial executives (302 responded). Among the questions asked was Which states do you view … Continue reading

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Out of the Swamplands

Over the years, I’ve referred to New Jersey as the swamplands. Their politics, corruption, and tax policies left a lot to be desired. But something unusual happened in 2010: Chris Christie, a Republican, was elected governor in the historically Democratic … Continue reading

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Tax Foundation Releases 2012 Business Tax Climate Index; California, New York and New Jersey at the Bottom

The Tax Foundation released their 2012 State Business Tax Climate Index today. And it was no surprise to see the bottom three composed of California, New York and New Jersey. These states have high taxes overall (California adds high regulatory … Continue reading

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Today Is the Day to Prepare (Hurricane Irene)

If you are a resident of New Jersey, New York City/Westchester County/Long Island, Connecticut, Rhode Island, or Massachusetts, you need to drop what you’re doing and get prepared for Hurricane Irene. Now. Maybe we’ll get lucky and Hurricane Irene will … Continue reading

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The Giants Face the Taxman

Football season is over, but the New York Giants are still in a fight. The Giants faced off against East Rutherford, New Jersey in state tax court last week. The battle is over whether or not the Giants should pay … Continue reading

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Reality Hits the Swamplands

I poke fun at New Jersey. The politics in the Garden State have been high on corruption and low on common sense. But in a shock (a very welcome and surprising shock) last November New Jersey residents said enough. Governor … Continue reading

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Government 2, Democrat 0, Republican 0

Roger Corbin was a founding member of the Nassau County (Long Island, New York) Legislature. He was arrested last year and accused of filing false federal tax returns and lying to agents of the FBI and IRS. He allegedly received … Continue reading

Posted in New Jersey, New York, Tax Evasion | 1 Comment

What’s $2 Trillion Among Friends

From the Financial Times comes word that there are $2 Trillion worth of unfunded pensions at just the state and local level in the United States. The Financial Times article relies on a study by Orin Kramer of New Jersey’s … Continue reading

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Swamplands Looking at a Tax Hike?

California isn’t the only state that’s looking to raise taxes during a recession. The swamplands (aka New Jersey) are also looking at this tactic. Governor Jon Corzine (a Democrat), who coincidentally is up for reelection this fall, is proposing a … Continue reading

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