Monthly Archives: February 2017

You’ve Won a New Car

Posted on February 27, 2017 by Camron Hoorfar

If you win the prize on a game show in California you have to pay a 10% withholding tax at the conclusion of the filming of the show. So if you didn’t win cash or bring a stack of hundreds … Continue reading →

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Do You Believe in Miracles

Posted on February 24, 2017 by Camron Hoorfar

The United States Olympic Committee awards cash prizes for bringing home the gold, and silver and bronze. These prizes are taxable despite complaints from lawmakers that, like the games themselves, roll around every couple of years. However, for most athletes … Continue reading →

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Pirate treasure and other found money

Posted on February 23, 2017 by Camron Hoorfar

Unlike the pirates of the past who were stealing from the Spanish crown, any U.S. taxpayer who finds buried loot will have to pay income taxes on it. This was established in Cesarini v. United States. Mr. Cesarini bought a … Continue reading →

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Bankruptcy and Divorce

Posted on February 22, 2017 by Camron Hoorfar

Generally, you cannot get rid of your child support or alimony payments in a Chapter 7 bankruptcy.  These amounts even include property settlements from a divorce.  However, some of these may be eliminated in a Chapter 13 bankruptcy. If you … Continue reading →

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Business Bankruptcy Filings Increase

Posted on February 17, 2017 by Camron Hoorfar

In comparing October 2016 to October 2015, business bankruptcy filings has increased 21% nationwide according to Epic Systems, Inc.  In October 2016, 401 business bankruptcy filings occurred. If you are interested in learning more about bankruptcy, contact our law office … Continue reading →

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Two Years to Sue a Doctor

Posted on February 16, 2017 by Camron Hoorfar

In Missouri, you have two (2) years from when you learned of your injury to file a medical malpractice lawsuit against a physician or other medical professional.  If you have been injured, contact our law office at 816-524-4949 or visit … Continue reading →

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The IRS Indicts an IRS Agent

Posted on February 15, 2017 by Camron Hoorfar

Former IRS employee Carla Mitchell, a 48 year old woman from Kansas City, Kansas, was indicted by a federal grand jury for filing false tax returns.  Carla is charged with filing false tax returns for herself and 13 of her … Continue reading →

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Wet Seal Files for Bankruptcy

Posted on February 8, 2017 by Camron Hoorfar

Wet Seal, LLC filed for Chapter 11 bankruptcy protection lately, adding to the long list of retailers that have recently filed for bankruptcy.  If you are interested in filing for bankruptcy, contact our law office at 816-524-4949 or visit our … Continue reading →

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Stop Stealing Cows

Posted on February 7, 2017 by Camron Hoorfar

A Missouri man was convicted of a Class A Misdemeanor for stealing livestock.  If you have been charged with a crime, contact our law office at 816-524-4949 or visit our website at www.Hoorfarlaw.com.

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Bankruptcy Filings are at Lowest Level Since 2006

Posted on February 6, 2017 by Camron Hoorfar

In 2016, approximately 45,000 less bankruptcy cases nationwide were filed than the year 2015.  The bankruptcy filings for 2016 are the lowest they have been since 2006. If you are interested in filing for bankruptcy or would like to speak … Continue reading →

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