Author Archives: Camron Hoorfar

How and When to Pay Estimated Taxes

Taxpayers generally pay at least 90 percent of their taxes throughout the year through withholding, estimated tax payments or a combination of the two. If they don’t, they may owe an estimated tax penalty. For tax-year 2018, the remaining estimated … Continue reading

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Wells Fargo Lays Off More Than 600 Mortgage Workers Nationwide

Wells Fargo will be laying off over 600 mortgage employees across the country. This layoff will be the largest for Wells Fargo this year. The layoffs have been concentrated to the areas of Orlando, Florida; Ranch Cordova California; Colorado Springs, … Continue reading

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SEC Goes After Marijuana Company

The Securities and Exchange Commission charged Greenview Investment Partners L.P and its founder, Michael E. Cone, yesterday with defrauding investors by promising 24% annual returns from cannabis related investments. Cone has also been criminally charged and has had approximately $1.4 … Continue reading

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Bankruptcy Report for 2017

Consumers filing for bankruptcy in 2017 reported assets of $80 billion and total liabilities of $105 billion, according to an annual report filed by the Judiciary with Congress. The report describes the activities of individuals with predominately consumer debt. Other … Continue reading

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Self-Defense as a Matter of Law Discussed

It is possible to establish self-defense as a matter of law, but “only when the evidence…[of] the necessary elements of self-defense is clear and undisputed should our courts order acquittal,”. When the prosecutor offers evidence that, if believed, negates an … Continue reading

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Contraband Isn’t Safe, Even in a Safe

Evidence of the contraband – some of it in a locked safe – in the Defendant’s room, supported a finding that Defendant possessed that contraband. Just because some of the contraband was the roommate’s doesn’t mean that it wasn’t your contraband … Continue reading

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Rapper Da Brat Files for Bankruptcy

Rapper Da Brat has filed for Chapter 11 bankruptcy revealing her assets are worth $108,700.65 but her liabilities total to over $7.7 million. Her liabilities include $6.4 million owed to former cheerleader Shayla Stevens who won a judgement after the … Continue reading

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U.S Household Debt Jumps to $13.3 Trillion While Student Loan Delinquencies Dip

U.S household debt continued to increase in the second quarter, propelled by an advance in mortgage borrowing, according to a Federal Reserve Back of New York report that also noted a decline in seriously delinquent student loans, Bloomberg News reported. … Continue reading

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Kenmore to be Bought

Reuter’s recently reported that a hedge fund owned by Sears CEO Eddie Lampert has offered to buy the Kenmore brand for $400M in cash. The offer was made in a letter to Sears’ board last week on August 14th. ESL … Continue reading

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IRS Methods of Contact

The IRS communicates with taxpayers in several different ways. In order to avoid becoming a victim of a scam, take the time to review how they can contact you. The IRS does NOT normally contact taxpayers by email, and they … Continue reading

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