Accurate Paychecks Could Have Saved $6 Million
The California Labor Commissioner cited Pacific Health Corporation (PHC), a hospital chain, $524,300 for late payment of wages. As it turned out, PHC didn't have enough money to pay the [...]
High-Speed Boondoggle? $800 Million to Save 10 Minutes
Admit it. When the federal government talks of investing huge sums of money into high-speed rail you picture aerodynamic bullet trains humming along at 220 [...]
ObamaCare — A Few Bites At The Law
ObamaCare ... passed by the Democratically-controlled Legislature overnight with no one reading it. (Remember the Nancy Pelosi quote, "We'll have to read it to see [...]
What Are My Chances of Being Audited? IRS Releases 2012 Stats
IR 2013-32; 2012 Data Book, http://www.irs.gov/pub/irs-soi/12databk.pdfIRS has issued its annual data book, which provides statistical data on its fiscal year (FY) 2012 activities. As this [...]
Is My Fresno County CSA 51/283 Tax Assessment Deductible as a Property Tax? (Part I)
Most everyone knows that regular annual property taxes are deductible for federal income tax purposes (ignoring AMT issues). However, what is often confusing to homeowners and [...]
The Tax Consequences of Superman’s Diamonds
Chances are, you have often pondered the tax implications of Superman using his super human strength to turn coal into diamonds--which he has done on [...]