Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
Please note that Kerry does not personally agree with every item included here; but passes them along for the benefit of the readers' understanding of the varied viewpoints on the issues being discussed.
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Tax Guru-Ker$tetter Letter
Tuesday, October 21, 2003
Senators to Probe Stories of Tax Shelter - There are plenty of very legal ways to minimize taxes. Many of the schemes cooked up and marketed by some of the big CPA firms were outright scams that wouldn't even pass my smell test.
Phantom Tax Bills Finally Stop - The stupidity isn't only with the county that was charging taxes on nonexistent property. It was also with the people who paid that bill for years. Think about it. What is the penalty for not paying property taxes? The property is sold at auction by the county. Let them try that with the imaginary property. They would have to find someone with even less intelligence to bid on non-existent real estate.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 10/21/2003 01:10:00 PM Send this post:
