My Photo

Keep Uncle Sam cranky!

  • It's no wonder Uncle Sam is not very happy here. His vault is empty.
    Don't Mess With Taxes aims to keep him cranky by providing tax and personal finance tips and advice that will put more money in your bank account, not the government treasury.

Great Googly Moogly!

Cool tax quotes

  • Intaxication: Euphoria at getting a refund from the IRS, which lasts until you realize it was your money to start with. -- Author unknown, from a Washington Post word contest
  • "Internal Revenue Service: The world's most successful mail order business.” -- Bob Goddard, writer
  • "If you are truly serious about preparing your child for the future, don't teach him to subtract. Teach him to deduct." -- Fran Lebowitz, writer
  • "The United States has a system of taxation by confession." -- Hugo Black, Supreme Court Justice

Subscribe: by e-mail,
RSS feed or both!

Taxtweet Updates

More PF Blogs

And now the news ...

I gotta tell ya ...

  • AKA Disclaimer:
    The content on Don't Mess With Taxes is my personal opinion based on my study and understanding of tax laws, policies and regulations. It’s provided for your private, noncommercial, educational and informational purposes only. It’s not a recommendation or endorsement of any company or product. I strongly suggest that when it comes to filing your taxes, you get additional, professional, paid-for guidance from your accountant and other financial advisers who are familiar with your individual circumstances. In other words, don't blame me!

©©©©©

Where in the World?

Musicians we've seen perform in Austin & area

Our backyard renovations

  • Looking_down_stream_2
    After almost three years in our Austin home, we totally redid our backyard. Here are snapshots of some of the improvements.

« Unwanted rebate deposits | Main | Readers question rebate delivery methods »

Thursday, May 01, 2008

Franken blames accountant for tax trouble

Remember when executive assistants were called secretaries and any mistake made by a boss was blamed on "clerical error?" That's the vibe coming from comedian and U.S. Senate candidate Al Franken.

Franken, former Air America radio personality and Saturday Night Live writer and performer, says his current tax troubles are because of mistakes made by his accountant.

The Democratic candidate, who is running against Republican incumbent Sen. Norm Coleman in Minnesota, admitted that he owes $70,000 in 17 states for earned income dating back to 2003.

The income mainly came from speeches and other paid appearances, and Franken said he and his wife had been paying taxes in New York and Minnesota, the states in which they lived. Their accountant, however, miscalculated and failed to pay the taxes in the other states in which he earned income.

"Our accountant made a mistake, and Franni and I relied on our accountant and he made a mistake," Franken said. "And I am fixing it and making it right."

You can read more on the latest Franken tax developments in these reports from the Associated Press, the Minneapolis-St. Paul Star Tribune, and Reuters.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/607729/28696498

Listed below are links to weblogs that reference Franken blames accountant for tax trouble:

Comments

Post a comment

Comments are moderated, and will not appear on this weblog until the author has approved them.

July 2008

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

Tax Calendar

  • tax season 2008

    The first filing deadline has come and gone. But if you got an extension, mark Oct. 15 on your calendar. Until then, stick around. We'll help you finally finish your 1040 and keep an eye on the other tax dates below.

    July 1: You're halfway through the year. Now's the perfect time to make some midyear tax moves that could cut your 2008 IRS bill.

    July 4: Celebrate your independence from tax hassles. Hire a tax professional now to help get your tax life in shape.

    July 10: Does your job include tips? If so and you received $20 in tips in June, use Form 4070 to report them today to your employer.

    July 16: Are your kids at day camp while you work? You might be able to use that expense to claim the child and dependent care credit. dependents on your tax return.

    July 23: If, however, your kids have summer jobs, make sure they understand their tax responsibilities.

    July 24: You can help your youngster get a nest egg head start by helping him or her open a Roth IRA with some of those summer earnings..

    July 31: Speaking of retirement plans, if you have a retirement plan (other than a SEP or SIMPLE IRA) with more than $100,000 file a Form 5500 or Form 5500 EZ by today. Need more time? File an extension and move the deadline to Oct. 15.

    July Small Business Tax Calendar: Key filing, deposit and record keeping dates your company needs to know.

Reading room


But wait! There's more!

  • If you'd like to view more than
    the posts shown on this page, Arrow_right click here to go to the Don't Mess With Taxes archives page. There you can browse earlier blog items by the month they were posted or by their category.


What are you looking for?

  • Looking for something in particular? If you know the general topic, you can click on it in the "Categories" section that follows. Or you can enter specific kewords in the box below for a Google search of
    Don't Mess With Taxes.
  • Powered by Feedster

Tax Terms

  • Earned income -- It's just like it sounds: Compensation you receive from work, including wages, salaries, commissions, tips and self-employment endeavors. Learn more...
  • Unearned income -- Money that is not gained by work or delivery of a service or product. It's most well-known source is from investments. Learn more...
  • Tax rates/brackets -- The U.S. tax system is a progressive one, in which the greater the earnings, the higher the tax rate. Learn more...
  • See these and other tax terms
    in the perpetually updated
    Tax Glossary.

Carnival of Taxes

Software center

Andertoons


  • DAILY CARTOON click to enlarge
    ANDERTOONS.COM OFFICE CARTOONS

Tell it to the Hill

The bottom line

  • National Debt Clock

Et Cetera

Keeping count

  • eXTReMe Tracker
Blog powered by TypePad
Member since 11/2005

Commerce Corner:

  • Tax-themed T-shirts, notepads and MORE from Cafe Press.
    Click here or images below
    for details.