From the November, 2014

IRA Roll-Overs – Now the limit is ONE!

So you have an IRA and you don’t like who’s managing it or your options in it. The solution was simple – just roll it over to someone or something else. The roll-over was […]

What Happens to my Car in Bankruptcy?

If you are considering filing a personal bankruptcy case, you may be worried about whether you can keep your vehicle. The answer depends upon your individual situation and what type of case you file. […]

What Does the “Means Test” Mean?

The Bankruptcy Code was amended in 2005, implementing numerous changes. One of the additions was the “means test,” which an individual must pass in order to qualify for a Chapter 7 filing. The means […]

Can I Eliminate a Mortgage in Bankruptcy?

If you are struggling to pay your mortgage loans, it may be time to consider filing for bankruptcy protection. One benefit of filing a Chapter 13 bankruptcy is a process known as “lien-stripping.” If […]

IRS erased key records in lawsuit, NetJets says.

Remember the news agencies reporting about the IRS targeting conservative non-profit groups during the last presidential campaign…and the critical emails that would establish truth or fiction turned up missing? Well, the issue’s back. NetJets, […]

Early Filing – Early Refund? Maybe Not. IRS Expects Delays in 2014 Refunds

The Internal Revenue Service typically opens the tax season the last week of January, and closes it on the 15th day of April. The 2015 tax season is expected to begin January 23, 2015. […]

Have You Received a 1099 Form For Canceled Debt From Your Lender and Don’t Know What to Do With It?

The cancellation of debt, or COD, occurs when a lender cancels or forgives a debt that you owe. This is commonly seen in the occurrence of a foreclosure of a mortgage or in the […]

I Wasn’t Traveling Away From Home – Can I Still Deduct Lodging as a Business Expense?

Your employer is putting on a seven-day training seminar for all its employees at a hotel near its corporate headquarters. Some of the company’s employees do not live near corporate headquarters and must travel […]

News of Seven Month Tax Refund Delay – Complete Hoax

When it comes to your tax refund, you probably want to receive it as soon as possible. In the past several months, there have been news articles out there about the IRS delaying refunds […]

IRS Amends Rules to Enlarge Whistleblower Awards

Did you know that the IRS offers money to individuals who inform on those who are cheating on their taxes? It’s called whistleblowing, and the Internal Revenue Service has an entire branch, the Whistleblower […]