Tag Archives: Hoorfar Law

Merger Clause Excludes Arbitration Clause

“Contemporaneously signed documents relating to one subject matter or transaction are constructed together.” In one transaction involving multiple documents signed at a single sitting, order signing is irrelevant to parties’ intent. Retail sales contract stated that it was “the complete … Continue reading

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Student Loans — Do Criminals Have More Rights?

Student lenders have collection powers denied most creditors. Credit card companies can’t garnish your wages without a court order. A federal student loan collector can garnish your wages just by sending a notice in the mail to your employer. Credit … Continue reading

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IRS Electronic Tax Administration Advisory Committee Delivers Report to Congress

The Electronic Tax Administration Advisory Committee (ETAAC) presented its 2013 Annual Report to Congress during a public meeting today. The report discusses five groups of recommendations on issues in electronic tax administration. Highlights of the report include recommendations on the … Continue reading

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Bank of America former employees: ‘We were told to lie’

Bank of America routinely denied qualified borrowers a chance to modify their loans to more affordable terms and paid cash bonuses to bank staffers for pushing homeowners into foreclosure, according to affidavits filed last week in a Massachusetts lawsuit. “We … Continue reading

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IRS Offers Information, Support and Services for Small Businesses

Do you own or operate a small business? Or do you plan to start a business someday soon? If you answered yes to either question, the IRS has online information, support and services that may be helpful to you. Small … Continue reading

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Insurance Not Required for Passengers

Automobile liability policy did not cover passenger. Whether read alone or together, statutes governing uninsured motorists and Motor Vehicle Financial Responsibility Law do not require coverage of passengers. The uninsured motorist “statute thereby measures what…coverage must be provided by reference … Continue reading

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Prepare for Hurricanes, Natural Disasters by Safeguarding Tax Records

With the start of this year’s hurricane season, the Internal Revenue Service encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps. Create a Backup Set of Records Electronically Taxpayers should keep a set … Continue reading

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Spring 2013 Statistics of Income Bulletin Now Available

The Internal Revenue Service today announced the availability of the spring 2013 issue of the Statistics of Income Bulletin, which features information on high-income individual income tax returns filed for tax year 2010. Taxpayers filed almost 4.3 million returns with … Continue reading

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IRS Accepting Applications for Low Income Taxpayer Clinic Grants

  The Internal Revenue Service today announced the opening of the 2014 Low Income Taxpayer Clinic (LITC) grant application process. The LITC grant program is a federal program administered by the Office of the Taxpayer Advocate at the IRS, led … Continue reading

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Keep the Child Care Credit in Mind for Summer

If you are a working parent or look for work this summer, you may need to pay for the care of your child or children. These expenses may qualify for a tax credit that can reduce your federal income taxes. … Continue reading

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