Author Archives: Camron Hoorfar

Bankruptcy Can Take Away Your Personal Injury Settlement

If you are able to sue someone, due to a car accident or other injury, and you file for bankruptcy, the bankruptcy court could be entitled to some or all of your settlement.  Also, if you have a claim but … Continue reading

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Kansas Ranked as One of the Least Stressed States in the Nation

A new report says Kansas is one of the least stressed states in the nation. The website WalletHub compared all 50 states on items such as hours worked per week, personal bankruptcy rates, and the average hours of sleep per … Continue reading

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Bed Bath & Beyond Begins Pulling Back Coupons

Bed Bath & Beyond is built on coupons, but after years of declining profits, the company is starting to pull back on its coupons. Approximately 30 years ago, the retailer started mailing out their famous 20% off coupons to bring … Continue reading

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39 Million Americans Can’t Afford a Summer Vacation

An estimated 39 million Americans will not be taking a summer vacation because they can’t afford to. Vacations typically cost $2,000 on average. 1 in 5 that can’t afford a vacation explain that debt and the cost of a vacation … Continue reading

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Things Taxpayers Should Know About the Sharing Economy and Their Taxes

There are six things taxpayers should know about how the sharing economy might affect their taxes. The activity is taxable: Sharing economy activity is generally taxable, even when: The activity is only part time; The activity is something the taxpayer … Continue reading

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Alliance of American Football Files for Bankruptcy

Alliance of American Football has filed for chapter 7 bankruptcy. The filing lists more than $11 million in assets, but more than $48 million in liabilities. The assets include football equipment, uniforms, and contracts from the players. If you are … Continue reading

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L.A Developer of Celebrity Real Estate Arrested

Robert Shapiro, owner of Woodbridge Group of Cos., and two other company executives have been accused of tricking thousands of investors in a $1.3 billion Ponzi scheme and have been arrested. High pressure sales tactics were used to obtain money … Continue reading

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Luxury Company Roberto Cavalli Closes Its U.S. Stores

Struggling Italian fashion house Roberto Cavalli has stopped all North American operations. Headquartered in Florence, the company has lost most of its fan base in recent years, therefore struggling to make sales and maintain its competitive profile. A spokesman has … Continue reading

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New York Church Members Plead Guilty to Conspiracy to Defraud the United States

Jermaine Grant and Lincoln Harrington pled guilty to one count of conspiracy to defraud the United States. The two were high-ranking officials of the Israelite Church of God and in Jesus Christ. They took nearly $3 million of the churches … Continue reading

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Tax Guide for Retirement Savings

Anyone with a traditional Individual Retirement Arrangement (IRA) may be eligible for a tax credit or deduction on their 2018 tax return if they make contributions by April 15th, 2019. An IRA is designed to enable employees and the self-employed … Continue reading

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