Bankruptcy filings increased slightly for the 12-month period ending Dec. 31, 2019, compared with cases for the year ending Dec. 31, 2018, according to statistics released by the Administrative Office of the U.S. Courts. It was the second straight quarter that bankruptcy filings rose, after annual declines lasting nearly a decade. Annual bankruptcy filings totaled...Read More
Security Best Practices for National Change Your Password Day: 🔐 Enforce a strong password policy. 🔐 Don’t store your passwords out in the open. 🔐 Implement 2 factor authentication in your IT environment. 🔐 Enable 2 factor authentication on your personal accounts. 🔐 Consider using password management software. 🔐 Password protect and secure your mobile...Read More
Following is a line-by-line summary of Form 22A and various recurring disposable income issues likely to arise in chapter 7 under the BAPCPA provisions of 11 U.S.C. § 707(b). The summary gives the position of the United States Trustee Program (USTP) on these issues. For ease of reference, the USTP positions are listed in summary...Read More
If you haven’t already, you should be getting your W-2 or 1099 any day now. Next you will be gearing up to file your taxes. TAX PREPARATION SERVICES CAN BE EXPENSIVE. Through the IRS, “the Volunteer Income Tax Assistance (VITA) program offers free tax help to people who generally make $56,000 or less, persons with...Read More
“On August 23, 2019, the Small Business Reorganization Act of 2019 (the SBRA) was enacted into law. The SBRA makes many substantive and procedural changes to the Bankruptcy Code and requires changes to the Federal Rules of Bankruptcy Procedure to implement those changes. However, the February 19, 2020, effective date of the SBRA occurs long...Read More
A few days into the 1992 trial of New York organized crime boss John Gotti, U.S. District Judge I. Leo Glasser was faced with an unprecedented request, not from Gotti’s defense team, but from the group of sequestered jurors in the case. Already separated from loved ones for weeks, some jurors were asking for conjugal...Read More
The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may...Read More
In honor of Martin Luther King, Jr. Day, here is the full text of the I Have A Dream Speech: I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation. Five score years ago, a great American, in...Read More
“If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have to keep moving forward.” ― Martin Luther King Jr.Read More
