Monthly Archives: March 2022

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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CFPB Moves to Thwart Illegal Auto Repossessions

The Consumer Financial Protection Bureau (CFPB) is moving to thwart illegal repossessions in the heated auto market. A compliance bulletin issued today reveals conduct observed during CFPB examinations and enforcement actions, including the illegal seizure of cars, sloppy record keeping, … Continue reading

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Medical Marijuana Information Subject to Discovery

The State sought a writ of prohibition to bar the Commission from compelling the production of medical marijuana records and cited constitutional provisions making those records confidential. But the Constitution also makes medical marijuana records available for the licensing process, … Continue reading

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Michigan Couple Wrongly Receives $60K in Food Stamps, Declares False Bankruptcy

A husband and wife have pleaded guilty to federal charges related to a fraud scheme that included wrongly receiving food assistance, a false bankruptcy and lying to the IRS, according to officials. Abraham Elsaghir of Dearborn, Mich., pleaded guilty to … Continue reading

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Filing season reminder for teachers: Some educator expenses may be tax deductible

The educator expense deduction allows eligible teachers and administrators to deduct part of the cost of technology, supplies and training from their taxes. They can only claim this deduction for expenses that were not reimbursed by their employer, a grant … Continue reading

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Home Prices Increased Nearly 19 Percent in 2021

Home prices soared almost 19 percent higher in 2021 as a severe lack of supply and low borrowing costs poured fuel on housing costs. The S&P CoreLogic Case Shiller housing price index, an important gauge of home prices, rose 18.8 … Continue reading

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Tips for parents who share custody or alternate tax benefits

Some parents who have a legal agreement with their child’s other parent about who claims the child on their taxes may have some questions this tax season about the child tax credit and the 2021 recovery rebate credit. Here’s what … Continue reading

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Rule 11 Sanctions Coming for Madoff Customers Refusing to Give Up ‘Fictitious Profits’

Courts are on the verge of shutting the door, once and for all, on “net winners” from the Bernard Madoff Ponzi scheme who refuse to pay back fictitious profits they received in the two years before commencement of the liquidation … Continue reading

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