A report by Nina Olson, the Internal Revenue Service’s National Taxpayer Advocate, indicates that the system used by the IRS to collect back taxes is flawed. She indicated in her annual report to Congress that the IRS makes it difficult […]

At the end of one year and the beginning of another, people seem fixated on changing for the better. Most people think up a resolution or two to get their new year started on a right foot. It seems the […]

Last year I became a big fan of the A&E Channel’s show called “Flip This House”. The show followed Richard Davis, and his company Trademark Properties, as they bought, renovated, and sold houses. I loved the show and Richard’s up-and-coming […]

A deferred criminal charge against KPMG related to the sales of tax shelters has been dismissed by a federal judge. In August 2005, a deferred prosecution agreement was agreed to by the parties in the case against KPMG, which accused […]

Richard Causey, the former [tag]chief accounting officer[/tag] at [tag]Enron[/tag] reported to [tag]prison[/tag] yesterday to begin serving his 5 1/2 year sentence. The 47-year-old ex-executive reported to Bastsrop Federal Correctional Institution, a low- to medium-security prison outside of Austin, Texas. Causey […]

Yesterday the Milwaukee Election Commission spent all day in a hearing about the recall against alderman Michale McGee (Jackson). McGee (Jackson) claimed that were was “widespread fraud” by the recall organizers. He said he got over 100 calls about people […]

What began as a loosely organized group of women casually discussing their dislike of the “business opportunity” offered by multi-level marketing companies like Mary Kay Cosmetics, has been slowly developing into an organized, credible attack on the tactics that abuse […]

The prosecutor in the Duke lacrosse sexual assault case may be forced off the case because of a conflict of interest related to ethics charges filed against him. The ethics charges were filed against District Attorney Mike Nifong on Thursday […]

Recently, there have been reports that indicate 15% to 19% of gift cards purchased from retailers are never redeemed. Huh? Up to 1/5 of people don’t spend that gift cards they’re given??? What a travesty! But there is hope. Websites […]

The confession by Apple Computer executives has gotten more serious. Previously, it was believed that stock options were backdated a’la several public companies. It’s now been revealed that executives also falsified documents related to stock options in order to personally […]