Individual taxpayers in Sacramento no doubt have April 15 locked in their brains. Those who are self-employed also have June 15, Sep. 15 and Jan. 15 in their permanent memory banks. For those who have foreign or offshore bank accounts that earn interest, there is another date of which they should be aware.
A few former employees of a company prepared a 32-page document for the Internal Revenue Service alleging that their former employer, Alliantgroup LP, helped its clients avoid taxes through false classification of salaries and other expenses under the tax deductible category of research.
A standard movie that is critiqued in film school is "Chinatown." Beyond the superb acting, it depicts the California water wars that took place during the Owens River Valley land grab in the early 1900s.
The Small Business Administration was asked to testify before a Congressional sub-committee this week. The Small Business Committee of the House of Representatives is looking into the potential impact upon small business of changes to the estate tax, which is set to expire in Jan. 2013.