Tag Archives: Camron Hoorfar

2014 Tax Tip #2 – Expired Tax Breaks

The following is a list of tax breaks that expired at the end of 2013: Deduction for state and local taxes; Tax-free distributions from IRAs for charitable purposes; Deduction for mortgage insurance premiums; Deduction for tuition; Deduction for mortgage insurance … Continue reading

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2014 Tax Tip #1 – IRA Rollovers

The Tax Court has ruled that a taxpayer is limited to one IRA rollover for all IRA accounts.  This rule takes effect in 2015.  If you have a tax situation that needs fixing, contact our office for assistance at 816-524-4949.

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Famous Bankruptcies

Thinking of filing bankruptcy but too embarrassed to contact our office?  Well don’t be.  Here is a list of some famous people who have filed for bankruptcy: Stephen Baldwin  2009 Kim Basinger  1993 Gary Burghoff  1991 Gary Busey  2012 Tia … Continue reading

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Tips for Avoiding Scams when Doing Home Repair

1. Hire companies that are known or recommended. 2. Check the credentials of the company through the Attorney General or Better Business Bureau. 3. Get at least two estimates for any work. 4. Get all agreements in writing. 5. Pay … Continue reading

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2015 Tax Updates

Here are a few recent tax changes for the upcoming 2015 tax year that you should be aware of: The annual contribution limit for 401(k)s, 457 plans, and thrift savings plans is $18,000; The catch-up contribution limit for taxpayers over … Continue reading

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Attorney Fees in Bankruptcy

If you have filed an adversary proceeding or are facing one in your bankruptcy, one of the important issues you need to think about is how you can pay for your attorney.  When asking for attorney fees in an adversary … Continue reading

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Bankruptcy Crimes

A business owner was recently found guilty of bankruptcy fraud, a federal crime, for failing to disclose a transfer of an asset.  In his defense, the business owner stated he did not list the transfer because he did not feel … Continue reading

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401(k) Contributions in Bankruptcy

If you are in a Chapter 13 bankruptcy or thinking of filing a Chapter 13 bankruptcy and have a 401(k), you may have an issue continuing to contribute to your 401(k) after filing. If you need legal assistance, contact our … Continue reading

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Small Claims FAQs

Here are a few little-known facts about small claims court: Claims are limited to $5,000 or less; Attorneys can be used, but are not required; You must serve the paperwork on the person you are suing; There is usually a … Continue reading

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Oklahoma Adoptions

A minor child may be adopted by consent as long as one of the following are met: Both parents of the child agree; or One parent of the child agrees and the other parent is either dead or had their … Continue reading

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