Posts tagged as:

California

Tax Trivia Giveaway #2: Prostitution and Tax Evasion

30 January 2012

Our next tax trivia question is: Cristina Warthen (née Cristina Schultz), now married to Ask Jeeves founder David Warthen, is a Stanford Law School grad who grossed more than $300,000 working as a hooker in California under the name “Brazil.” She escaped prosecution for prostitution but admitted to hiding money from the taxing authorities by stashing funds [...]

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Are You Ready for Government Prepared Tax Returns?

13 January 2012

“The income tax has made more liars out of the American people than golf has.” – Will Rogers But what if it were easier? And what if the IRS made it nearly impossible to lie? What then? Last year, IRS Commissioner Doug Shulman hinted that one way to reduce the potential for tax fraud was [...]

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IRS Just Says No to Medical Marijuana Deductions

6 October 2011

Our culture is fascinated with marijuana. We speak in hushed tones about cocaine and other “hard” drugs but we’re pretty outspoken about marijuana. It’s even become a question bandied about during presidential campaigns with former President Bill Clinton famously saying that he “didn’t inhale and never tried inhaling again” prompting one MTV viewer to ask [...]

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More States Eye Amazon Sales Tax Deal

18 September 2011

So who didn’t see this coming? With the ink barely dry on California’s internet sales tax deal with Amazon, other states are chatting up a similar idea. Even states that were willing to sit this one out – like Florida – are beginning to talk. An Op-Ed in The Ledger is suggesting that California’s coup may [...]

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“Amazon Tax” Repealed Under New Law

10 September 2011

Talk about down to the wire… The Amazon deal is so fresh (it was passed after 10pm last night) that you can’t find much in the way of confirmation yet on the web. In fact, the California legislature has the bill, AB 155, listed as “in assembly” since the vote taken on yesterday is still [...]

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Clock Ticking on Amazon Deal

9 September 2011

Yesterday, the web lit up early (including on my site) with commentary about Amazon.com’s supposed tax deal with the State of California. And then… crickets. The deal was supposedly hammered out on late Wednesday but no solid details about the controversial plan were released. Representatives on both sides weren’t all that chatty but indicated that [...]

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Dramatic Turnabout in Amazon’s Fight with California

8 September 2011

So wow. Granted, I didn’t get a lot of sleep last night due the storms in my area (stay safe, Philly!) but I was rubbing my eyes at the headlines this morning for another reason: Amazon may be cutting a deal with the State of California. It’s being widely reported that Amazon may be close [...]

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Back to School: Online Sales Tax and Amazon

7 September 2011

My oldest daughter is an over-achiever. Point in fact: she was doing her book report this morning (it’s due September 19) even though she doesn’t have the book yet. She was coming up with a concept, you know, just so that she’d be ready. The missing book was quite the point of contention. It wasn’t [...]

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Amazon Fights Back Against Online Sales Tax Law

13 July 2011

Quick, show of hands: who wants to pay more in taxes? That’s what I thought. Clearly, Amazon.com is right. The online retail giant is planning on asking voters to chime in on whether they want to pay more in taxes. Okay, not exactly. They’re really asking voters in California to overturn the controversial new state law requiring [...]

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Californians Find Change in Their Legislative Sofas

28 June 2011

There’s temporary and then there’s temporary. Most legislators, it seems, tend to approach temporary tax raises as if slapping the label on it somehow makes it okay… You know, the old “we’re only doing this for a little while, just to tide us over and then we’ll put things back the way that they used [...]

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