• IBM, IRS, taxes

    Tax Man Wipes Out Killer Bees

    So the Internal Revenue Service has shut down the Killer B, the tax shelter that has helped fuel the stock buyback programs of many companies with foreign earnings, proving once again that the first rule of Tax Shelter Club is “Do Not Talk About Tax Shelter Club.” The Killer B, named for a provision of […]

    / Jun 7, 2007 at 3:18 PM
  • IRS

    Deduct Common Sense

    The 10 craziest tax deductions, according to Kiplinger: 1. Pet food for wild cats – if cats make your workplace safer, by eating snakes and rodents (Citi, per our reader survey, is immediately investing in these) 2. Moving your pet – the same as moving anything else when deducting moving expenses after an occupational switch […]

    / Apr 25, 2007 at 11:15 AM
  • IRS, Kobi Alexander, taxes

    NFW! Wesley Snipes Is In Kobi Alexander Land!

    DealBreaker might need to set up a Namibian branch office if things keep up like this. Today Reuters reported that Wesley Snipes—indicted earlier this week for tax fraud—is in Namibia. You remember that place right? It’s the semi-desert African country where Kobi Alexander was discovered, arrested and eventually bailed out of jail to await his […]

    / Oct 20, 2006 at 3:20 PM

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