Many people who violate tax laws don’t do so intentionally. They may not be aware of current laws. After all, the Internal Revenue Service makes changes every year. This year is no exception. Lawmakers have until the end of the…
Filing for personal bankruptcy can feel like a daunting endeavor. You’ll be introduced to a world of regulations and terms with which you’re likely not familiar. One term that you’ll hear a lot is “trustee.” Most people associate that with…
When people who have filed for Chapter 7 bankruptcy get their financial life back on track, many consider the possibility of buying a home. It is possible to get a mortgage after a Chapter 7 bankruptcy. However, you may have to…
When people hear the terms “tax evasion” or “tax fraud,” they often think of large corporations or extremely wealthy individuals who fail to pay the taxes they owe. However, anyone can be potentially be accused of tax evasion by the…
In the years immediately following the 2008 recession, bankruptcies in this country increased by about a million annually. The good news is that those numbers have started trending back down. In 2015, we had the lowest number of filings for…
The Internal Revenue Service (IRS) is continuing its crackdown on foreign accounts. Those who have assets in accounts in countries other than the United States, or even signatory authority of such accounts, are required to report the accounts to the…
Many factors beyond our control can lead to a financial downturn that makes filing for bankruptcy the best option. An illness or injury that brings astronomical medical bills is one example. One New York lawmaker and her husband got hit…
If you have been researching the possibility of filing for personal bankruptcy, you may have come across something called the “means test.” If you are considering Chapter 7 bankruptcy, the means test is essential to understand because it determines whether…
The Secret Society of Happy People was founded to help promote happiness, and its founder is known for providing a message that regular happiness occurs when you recognize the small moments of joy throughout your day. That can be difficult…
Generally getting a knock on the door, phone call or letter in the mail is a pleasant experience. Maybe a friend or family member is checking in to say hello, or that pizza you ordered is getting delivered. However, this…
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