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Category Archives: General
Former Kentucky prosecutor, wife plead guilty to wire fraud
Michael T. Hogan was the county attorney in Lawrence County when he conspired with his wife to pocket delinquent tax funds collected by the office, according to the U.S. Attorney in Lexington. Federal prosecutors said Hogan paid his wife, Joy … Continue reading
Posted in Fraud, General
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Federal Student Loan Pause Extended Through August 31
Stressing about having to resume student loan payments? Take a breath because now you have more time to prepare. The U.S. Department of Education (Department) announced an extension of the pause on student loan repayment, interest, and collections through August … Continue reading
IRS reminds taxpayers an extension to file is not an extension to pay taxes
For most individual taxpayers the tax filing and payment deadline is Monday, April 18, 2022. Those who need more time to file can request an extension to file. Taxpayers must request an extension to file by April 18, or they … Continue reading
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Taxpayers should file their tax return on time to avoid costly interest and penalty fees
Taxpayers should file their tax return by the deadline even if they cannot pay their full tax bill. Taxpayers who owe tax and don’t file on time, may be charged a failure-to-file penalty. This penalty is usually five percent of … Continue reading
Posted in General, Taxation
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Deutsche Bank Fined $2 Million Over Dark Pool Routing Lapses
A unit of Deutsche Bank AG agreed to pay a $2 million penalty to an industry-backed regulator over allegations it failed to ensure that its customers received the best prices for securities orders. The Financial Industry Regulatory Authority Inc. said … Continue reading
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Small business rent expenses may be tax deductible
Rent is any amount paid for the use of property that a small business doesn’t own. Typically, rent can be deducted as a business expense when the rent is for property the taxpayer uses for the business. Here are some … Continue reading
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J&J’s Controversial Prison Testing Resurfaces in Baby Powder Lawsuits
Two trials last year Johnson & Johnson related to legal claims that J&J’s talc-based powder causes cancer have led to the resurfacing of controversial practices from over 50 years ago. In 1971, Johnson & Johnson funded a study that injected … Continue reading
IRS Aims to Quickly Fill 5,000 Jobs, Deploy ‘Surge’ Team to Clear Backlog of 24 Million Tax Returns
The Internal Revenue Service is set to launch a full-court press this month in an attempt to tackle its massive backlog of tax returns. The goal in the next 30 days is to extend the first of 5,000 job offers … Continue reading
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Attack Implies Intent
The elements of class B felony assault in the first degree include an attempt to cause serious bodily harm, which a fact-finder could infer from a video of appellant hitting and kicking victim about 30 times. Plain error review of … Continue reading
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CFPB Estimates $88 Billion in Medical Bills on Credit Reports
The Consumer Financial Protection Bureau (CFPB) released a report highlighting the complicated and burdensome nature of the medical billing system in the U.S., according to a CFPB press release. The report reveals that the U.S. healthcare system is supported by … Continue reading
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