Category Archives: Tennessee

Today Is Tax Day

Posted on April 15, 2025 by Russ

Today is April 15th.  Besides being the 14th anniversary of “Black Friday,” it’s Tax Day in the US. If you haven’t filed your returns, file an extension NOW!  That said, if you live in a federal disaster zone it might … Continue reading →

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Hurricane Helene IRS Relief for all of Alabama, the Carolinas, Georgia, and Parts of 3 Other States

Posted on October 2, 2024 by Russ

The damage from Hurricane Helene was horrific in and around western North Carolina, and several states have been declared federal disaster zones.  The IRS announced late yesterday that the entire states of Alabama, Georgia, North Carolina, and South Carolina, along … Continue reading →

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Arbitrage Is Legal, But You Better Pay the Taxes

Posted on June 21, 2015 by Russ

Let’s say you are 100% certain that the price of a certain article will increase from $0.20 to $0.62 in a few weeks. Can you purchase a stock of that at $0.20 each and then sell them later at $0.62? … Continue reading →

Posted in Tax Evasion, Tennessee | 1 Comment

A Bipartisan Tax Bill? I’ll Drink to That!

Posted on February 11, 2015 by Russ

There hasn’t been much bipartisanship on Capitol Hill recently. But there is a piece of legislation that is being proposed by both Democrats and Republicans. It’s to end age discrimination against bourbon and whiskey. You didn’t know that there was … Continue reading →

Posted in Kentucky, Legislation, Tennessee | 2 Comments

Catching Up on the Past

Posted on August 6, 2009 by Russ

We’ve got some catching up to do. A few miscreants that we reported on have recently reappeared in the news, so here goes. First, our 2008 Tax Offender of the Year, Robert Beale, had his appeal heard earlier this year. … Continue reading →

Posted in Tax Fraud, Tennessee | Comments Off on Catching Up on the Past

Tennessee Crack Tax Ruled Unconstitutional

Posted on September 7, 2007 by Russ

Lawmakers in Tennessee had an interesting idea a couple of years ago. Why not tax illegal drugs? So legislators in the Volunteer State required sellers of illegal drugs to get a tax stamp on their merchandise. If sellers were caught … Continue reading →

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Sacked in Tennessee?

Posted on September 24, 2006 by Russ

When you run for Congress, strange things can happen. Consider this story from Knoxville, home of the University of Tennessee. Heath Shuler is a famous former quarterback for the Volunteers. His NFL career wasn’t lengthy, but he did earn a … Continue reading →

Posted in Tennessee | 1 Comment

How to be a Millionaire, Illegal Style

Posted on September 10, 2006 by Russ

There are lots of ways to become a millionaire. You can build a successful business, have real estate appreciate, and of course inherit money. You can win the lottery. Or you can do it illegally. One way is to collect … Continue reading →

Posted in Sales Tax, Tax Evasion, Tennessee | Comments Off on How to be a Millionaire, Illegal Style

Nissan to California: It’s Too Expensive There

Posted on November 11, 2005 by Russ

Nissan Motor Company will move its US headquarters from Gardena (suburban Los Angeles) to Williamson County, Tennessee (suburban Nashville) in order to save money. Nissan CEO Carlos Ghosn noted, “The costs of doing business in Southern California are much higher … Continue reading →

Posted in California, Tennessee | Comments Off on Nissan to California: It’s Too Expensive There