Tag Archives: Taxdood

Indians Win One Against New York

Posted on June 24, 2012 by Russ

No, it’s not the Cleveland Indians beating the Yankees; rather, the St. Regis Mohawk Tribe beat the New York Tax Department. After the New York cigarette tax on name-brand cigarettes sold on Indian lands some tribes decided to make their … Continue reading →

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Amazon Tax Tossed in Colorado

Posted on April 29, 2012 by Russ

Taxdood has had a good series of posts on the Amazon tax. Amazon.com has negotiated with several states regarding collecting sales tax on purchases made from the online retailer. Amazon will begin to collect sales tax in Texas (beginning July … Continue reading →

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Taxes and Gambling Series

Posted on February 15, 2012 by Russ

About once a year I get asked, “I won some money gambling, but I didn’t get a W-2G. Do I really have to declare that income?” The answer is easy: All income is taxable unless Congress exempts it, and gambling … Continue reading →

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Ignoring Tax Advice and then Suing the Attorney who Gave the Advice Isn’t Brilliant

Posted on January 16, 2012 by Russ

Let’s assume you talk to your attorney, and he advises you that you should create a reserve fund for taxes. Usually, it’s a good idea to listen to your attorney. If you don’t like his opinion, perhaps get a second … Continue reading →

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