federal taxes Archive

TweetShareSharePin0 SharesDebt Relief for the Elderly and Disabled (Note: this is not to be considered legal advice, and it is dealing with the hypothetical “average” elderly and/or disabled person. Each case is unique and to determine the legal ramifications of your individual scenario you should consult an attorney.) Debt settlement, also known as debt negotiation

TweetShareSharePin0 SharesAre You Thinking About Filing For Bankruptcy Protection? Bankruptcy Overview Bankruptcy, when you come right down to it, is the process that enables those who are unable to pay their debts get a fresh start. It allows for some or all of these debts to be discharged or reorganized. Individuals or businesses may file

TweetShareSharePin0 SharesAppealing Business Personal Property Tax Assessments in Texas “Collecting more taxes than is necessary is legalized robbery.” These words of wisdom, spoken by the 13th president of the United States, Calvin Coolidge, still ring true in today’s society for homeowners and business owners. Robbery may seem like a harsh word, but what would you

TweetShareSharePin0 Shares Senate passes the funding deal. The Senate passed the $1.5 trillion spending package, avoiding a government shutdown. Included in the bill: A 6 percent budget increase for the IRS. Taxpayer services would receive $225 million, up 9 percent from last year. Congress left a wide range of tax policy changes out of the

TweetShareSharePin0 Shares With gas prices soaring in March, Florida is preparing to give drivers a gas tax holiday—in October. A cynic might wonder why the gas tax holiday aligns so closely with election season (lawmakers cite other reasons), but in many respects, the timing is the least of the issues with Florida’s pending suspension of

TweetShareSharePin0 SharesBusiness Bankruptcy Insolvency of companies can brought about by huge debts, mismanagement and current economic trends. This is the underlying rationale for applying for business bankruptcy. Bankruptcy is a process by which businesses and individuals are given the chance under the federal court to get rid of debts or to repay debts under the

TweetShareSharePin0 Shares A spending package without pandemic relief. The House passed a $1.5 trillion omnibus spending package after pulling $15.6 billion in pandemic relief from the bill. The measure includes no tax provisions. The House also passed yet another temporary spending bill to keep the government running for another week. Without some action, the federal government will partially