THE U.S. Trustee has recently instructed bankruptcy trustees to conduct debtor hearings telephonically to comply with social distancing guidelines to fight the coronavirus. The Chapter 13 trustee in Riverside, California…
IRS extends the Federal income tax deadline from April 15, 2020 to July 15, 2020. This new due date applies to both filings and payments due April 15, 2020. This…
Q: I read about severe cases of COVID-19 infections requiring several weeks of recovery. Can the employer fire me while being on leave due to this illness? Do I have…
I MUST admit that the $2 trillion stimulus package to counter the virus-induced slowdown is noteworthy. In the next three weeks, 93% of Americans will be receiving $1,200 each, according…
A LOT of people who are contemplating bankruptcy as a solution to their debt problems often wonder if it can be avoided at all. They fear that they might be…
Q: I work for a company that provides 40 hours of paid sick leave. This is about five days of work. If I ever need to take leave due to…
THESE are trying times indeed. We have been advised to self-isolate in the meantime that we are waging a war against the novel coronavirus (COVID-19). Sure, social distancing makes a…
HERE is a welcome new for seniors like me. Probably you too. We hate filling out tax forms with small words crammed into small boxes. Fear not, support is on…
Q: I am a working parent with a school-age child, who has been sent home due to fears of infection from the coronavirus. My work entails interacting with people throughout…
“ My senior client cannot do Chapter 7 because he has a lot of non-exempt equity in his house. He can only do Chapter 13 to handle those credit cards.”…
(Yes, if employer has control over employees) OVER a decade ago, four truck drivers sued Wal-Mart claiming Wal-Mart violated California’s meal and rest break laws. As part of their job,…
LET me give you the background on this case. The husband is 81 but still looks active. He is slim and sprightly. The wife is 79 and looks nervous. Normally,…
1. One big change this year is a reduction of Form1040 schedules from six in 2018 down to three in 2019. Some schedules will be merged while some will revert…
FILING Bankruptcy is a serious decision for most people. Although almost a million people file Bankruptcy in every year, most don’t have a clue about how the process works until…
A 65-year-old husband has just handed in his application for retirement from his job. He makes a gross of $5,000 a month with overtime. Upon retirement, he will net about…
You fail to report investment income from interest and dividends: You must report interest and dividends from banks and brokers. If you fail to disclose such accounts to your spouse……
RIOT Games, Inc. is a multi-billion dollar video game developer, with headquarters in Los Angeles, operating in 24 offices around the world and employing about 2,500 workers, 80% of them…
IF you are in debt and are seriously considering bankruptcy as an option, I am sure a lot of thoughts are going through your mind. I just want to get…
EVEN though the economy and stock markets are positive, the coronavirus problem has dampened business outlook worldwide. Given this environment, not all businesses here are able to survive. For instance,…
AMANDA Frlekin and others worked for Apple Inc. as retail store employees in its retail stores in California. Apple requires them to undergo exit searches pursuant to its “Employee Package…
You deposited or withdrew over $10,000 in cash: Depositing or withdrawing over $10,000 in cash attracts attention. Banks are required to notify the IRS. Depositing or withdrawing $9,950 or $5,000…
IF financial start. Bankruptcy is a powerful remedy because it stops most collection actions, including lawsuits, wage garnishments, bank levies and foreclosure. It also wipes out many types of debts….
You missed to report all W-2s, 1099-MISC, 1099-INT or 1099-INT: If you missed to report income from employment (W-2 with withholding) or independent contracting (Form 1099 without withholding), tough luck….
LET’S assume that you have incurred too much debt. What do I mean by too much debt? By this, I mean that you are now a slave to creditors because…
And which of them should pay back wages? ELVIA Jimenez worked as a direct employee for Ameritemps, a temporary employee staffing service. Ameritemps placed Jimenez with U.S. Continental Marketing, Inc….
JEREMIAH Matthews worked as a cook and a maintenance supervisor for Happy Valley Conference Center. Happy Valley is an affiliate of the Community of Christ Church and hosts seminars, retreats,…
Scoring system: The IRS uses a Discriminant Function System (DIF) to determine returns that are most likely to generate additional revenue for the government. Although the scoring is secret, it’s…
IS the means test in bankruptcy? It’s a method for calculating what your household income is to determine if you qualify for Chapter 7 or Chapter 13 of the bankruptcy…
ARE you having problems paying your debts? Are creditors calling you day and night threatening you with a wage garnishment, repossession or foreclosure? Are you starting to feel hopeless and…
THE YOUNG: The first set of clients are in their late twenties, the epitome of youth. They have their whole life ahead of time. They married three years ago. Right…
