Category Archives: General

The IRS has some good news for taxpayers who are selling their home. When filing their taxes, they may qualify to exclude all or part of any gain from the sale from their income. Here are some thing that homeowners … Continue reading →

The bankruptcy court is not required to take religious contributions into consideration when decided whether a debtor is entitled to discharge student loans, according to a District Judge in New York. The debtor did not present compelling facts to support … Continue reading →

U.S credit card debt hit $870 billion, a record high, as of December 2018. At the end of last year, credit cards were the fourth-largest portion of consumer debt in the U.S after mortgage, student loan and car loans. If … Continue reading →

In 2019 the standard mileage rates for the use of a vehicle will be: 58 cents per mile driven for business use, up 3.5 cents from the rate for 2018, 20 cents per mile driven for medical or moving purposes, … Continue reading →

Activities that are common in the summer often qualify for tax credits or deductions. Working a summer job might not you enough to owe federal income tax, they should remember to file a return to get a refund for taxes … Continue reading →

Freedom Debt Relief LLC, the largest U.S debt settlement services provider, agreed to pay $25 million to resolve U.S regulatory allegations it imposed improper charges on consumers and failed to settle their debts as promised. The U.S Consumer Financial Protection … Continue reading →

Prenda Law partners John Steele and Paul Hansmeier were charged with running a porn-trolling scheme from 2010 to 2013. It is believed the firm made over $6 million from the scheme. The scam accused people of pirating pornographic films, and … Continue reading →

Antoinette Winston was sentenced to 34 months in prison for using stolen identities to falsify her tax returns. From 2012-2015 Winston stole and used personal information of other individuals to file fraudulent income tax returns requesting refunds from the IRS. … Continue reading →

About a year after stopping their U.S operations, the toy chain Toys ‘R’ Us is set to return this holiday season by opening about a half dozen U.S stores and a website. The original Toys ‘R’ Us was the only … Continue reading →

Elements of first-degree statutory rape include penetration, which evidence of surface contact did not show, nor show an attempt. But evidence did show sexual contact, an element of first-degree child molestation, which is a lesser-included offense of first-degree statutory rape. … Continue reading →