« Previous · Tax Update Blog Home · Next »
For most taxpayers this time of year, the concerns are dollars, cents, and where to file the return. For a few, though, the meaningful tax numbers are years, months, and where they will be until they can return.
Lobbyist Jack Abramoff will go away for 70 months after pleading guilty to a tax evasion charge arising out of a scheme to defraud Indian casinos. (Correction: The 70-month sentence is a state sentence. The tax sentence will be meted out after he finishes cooperating with prosectors in other cases.)
You don't have to be as disreputable as a lobbyist to get into tax trouble. Strip club owner Richard Goldring pleaded guilty to a tax charge yesterday in New York. Mr. Goldring's establishment, the "Scores" club, made the news when an executive of St. Louis-based Savvis spent over $200,000 there on his company credit card. Early indications were that the club owners were going to try to blame their accountant, but they've apparently thought better of it.
Bookmark: del.icio.us • Digg • reddit
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to