Category Archives: Taxable Talk

Nominations Due for 2014 Tax Offender of the Year

Posted on December 23, 2014 by Russ

With just about one week prior to the end of 2014, it’s time for a final reminder to submit nominations for the Tax Offender of the Year. To be considered for the Tax Offender of the Year award, the individual … Continue reading →

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Vacation

Posted on December 5, 2014 by Russ

It’s time for my annual winter vacation. I will not be posting until I return. While I’m away, enjoy the fine bloggers listed in the blogroll on the right. I’ll be back on Tuesday, December 23rd.

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As God as my Witness, I Thought Turkeys Could Fly

Posted on November 26, 2014 by Russ

Have a Happy Thanksgiving everyone:

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Today, Liechtenstein; Tomorrow, the World!

Posted on August 24, 2014 by Russ

Fellow Enrolled Agent Jason Dinesen calls EAs the Liechtenstein of the tax world. Personally, I think he may be overstating our case; when I tell people I’m an Enrolled Agent the most common reaction is, “You don’t look like you’re … Continue reading →

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Vacation

Posted on July 26, 2014 by Russ

It’s time for my annual vacation. If something earth-shattering in the tax world happens while I’m relaxing, I’ll take time out to post on it. Otherwise, enjoy the fine bloggers listed in the blogroll on the right. I’ll be back … Continue reading →

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A Little Housekeeping

Posted on May 1, 2014 by Russ

We’re in the process of updating our website and the look of the blog. For now, we’re using the “default” WordPress format. This may change in the next few weeks as we make other (more important) changes.

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Bozo Tax Tip #1: The Eternal Hobby Loss

Posted on April 14, 2014 by Russ

The goal of must businesses is to make money. There aren’t many businesses that can lose on each sale and make it up in volume. In fact, I don’t know of any. But I digress…. So let’s take Sam and … Continue reading →

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Bozo Tax Tip #2: Hot Air

Posted on April 13, 2014 by Russ

Congress has decided to legislate through the Tax Code. There are hundreds of tax credits that now exist. These range from the Earned Income Credit, education credits, electric vehicle credits, and adoption credits. Some of these credits, such as the … Continue reading →

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Bozo Tax Tip #3: Be Suspicious!

Posted on April 10, 2014 by Russ

Another repeat, but one that is a continual issue with cash business. It may be “cash and carry,” but cash is taxable in all ways. And cash reporting (or lack thereof) can be a problem. Anyway, let’s be suspicious: Given … Continue reading →

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Bozo Tax Tip #4: Honey, You Don’t Exist!

Posted on April 9, 2014 by Russ

Ah, Spring is in the air. And with that come the inevitable wedding invitations. I had an invitation to a wedding on April 5th. No, I didn’t attend. With weddings comes changes in tax status. Your marital status on December … Continue reading →

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