Tag Archives: Down Town Lees Summit

Treasury and IRS issue guidance for the energy efficient tax credit

The revenue procedure provides procedures and requirements that a manufacturer of specified property must follow to be treated as a qualified manufacturer (QM). To become a QM, a manufacturer must:  Soon manufacturers will be able to use IRS Energy Credits … Continue reading

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Employers must certify eligibility of new hires to claim the Work Opportunity Tax Credit

Employers who hire certain groups of people are able to reduce the tax that they owe when they claim the Work Opportunity Tax Credit on their Federal Tax Returns. To receive this credit, the employer must first certify that the … Continue reading

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CFPB To Distribute more than $191,000,000 To Victims

This month, over 250,000 consumers harmed by leasing company Tempoe will finally begin to receive refund checks in the mail. Tempoe offered point-of-sale financing at major retailers, including Sears and Kmart. The CFPB took action against the company for tricking … Continue reading

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Interested in Buy Now, Pay Later Products?

The CFPB has answers to all of your burning questions! Check them out here: www.consumerfinance.gov/compliance/compliance-resources/consumer-cards-resources/buy-now-pay-later-bnpl-products/. Don’t forget to call the Law Office of Camron Hoorfar for any questions about how to legally protect your finances, 816-944-0251!

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Implied warranty of habitability enforced

Every lease of residential space implied that the space was habitable, meaning free of conditions on that materially impacted health or safety. Despite an inadequate appellants’ brief and record, and failure to preserve the theory on appeal, the record was … Continue reading

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Good Samaritan drug possession immunity requires causation

A statute immunized the defendant from prosecution for possession of contraband substances when such possession was found “as a result of” a call for medical assistance. “As a result” of meant “because.” The defendant called for medical assistance but refused … Continue reading

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CFPB Sues Horizon Card Services and CEO Robert Kane.

The CFPB has sued Horizon Card Services and its CEO Robert Kane for tricking consumers into signing up for its expensive credit card. Horizon’s credit card could come with almost $300 in annual fees on a card with a $500 … Continue reading

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Another Popular Restaurant Files for Bankruptcy!!

The parent company of the popular casual dining chain BurgerFi and Anthony’s Coal Fire Pizza is the latest in a long string of restaurants to file Chapter 11 Bankruptcy! If your debts are becoming too much to bear call the … Continue reading

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By law, all taxpayers have the right to finality of federal tax matters

Taxpayers have the right to know when the IRS has finished an audit. This is one of 10 basic rights, known collectively as the Taxpayer Bill of Rights. What is the Taxpayer Bill of Rights? If you need an attorney to … Continue reading

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U.S. Department of the Treasury, IRS announce $1.3 billion recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives 

The IRS in February 2024 launched an initiative to pursue 125,000 high-income, high-wealth taxpayers who have not filed taxes since 2017. These are cases where IRS has received third party information—such as through Forms W-2 and 1099s—indicating these people received … Continue reading

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