Category Archives: General

New Tax Law Makes IRS Offer Penalty Relief for Taxpayers

The IRS recently stated that certain people’s tax penalties would get waived if they didn’t pay enough taxes throughout 2018. During 2018, taxpayers were still getting used to the new laws that were passed by Congress late 2017 regarding withholding … Continue reading

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Kay Jewelers in Hot Water

Sterling Jewelers, the parent company of Kay Jewelers and Jared Galleria, has agreed to pay an $11 million settlement for their store card practices. Court documents say that both companies were signing customers up for the store credit card and … Continue reading

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USA Gymnastics Asks Bankruptcy Court to Approve Holiday Bonuses

USA Gymnastics is asking US Bankruptcy Court to approve $88,000 in holiday bonuses to its employees. USA gymnastics is facing dozens of civil suits filed by Larry Nassar’s sexual abuse victims. USA gymnastics filed for Chapter 11 bankruptcy in December. … Continue reading

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Toyota Recalls 1.7 Million Vehicles

Toyota recalls 1.7 million vehicles in North America to fix takata air bags. Takata air bags can explode with too much force and hurl shrapnel into the driver and passengers. This is the largest series of automotive recalls in the … Continue reading

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Tax Filing Season Begins Jan. 28th

The IRS has confirmed that tax filing season will begin on January 28th, 2019. Even with the government shutdown, the IRS will be processing and paying tax refunds. The deadline to file a 2018 tax returns without an extension is … Continue reading

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Circumstances Determine Sex Offender Registration

Registration statutes in Missouri do not differ from those of the United States, which require any person convicted of sex with a minor to register as a sex offender. This means categorization of the offense doesn’t contribute to registration. If … Continue reading

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Gift Cards are not Safe in Bankruptcy

If a gift card is purchased before filing for bankruptcy in Kansas, it will not qualify for an exemption. It has been determined that gift cards are not the same as non-exempt cash. If you are thinking about filing for … Continue reading

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Funds from Sale of Home Cannot be Taken by Bankruptcy Court

In Viegelahn v. Lopez, a Texas bankruptcy case, the trustee wanted to withhold funds from the sale of thedebtor’s home in order to pay the debtor’s creditors. The trustee lost the lawsuit and the court sided with the debtor. Chapter 13 bankruptcies are voluntary and in that nature, … Continue reading

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Mall Company Things Remembered Has Financial Troubles

Things Remembered Inc. has hired financial advisers just 2 years after their debt restructuring. The advisers have been hired to evaluate the companies operations and look at another restructuring. A bankruptcy filing may occur early this year. If you are … Continue reading

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Non-Compete Breaches Can Survive Bankruptcy

In a recent court case in Kansas, the court stated that a breach of a non-compete agreement that occurred after the filing of a bankruptcy was not erased by the bankruptcy. The ruling came from a case between Michael Capps and … Continue reading

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