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Six Things You Should Know About Bankruptcy

Bankruptcy Lawyer You’ve heard of bankruptcy before, and if your finances are in a bad enough spot, you might be considering declaring bankruptcy for yourself. It makes perfect sense, and it seems like a perfect opportunity to get out from under your debts when they’re at their most overwhelming. However, as a bankruptcy lawyer like… Continue reading

Receiving Help When Considering Chapter 7 Bankruptcy 

Bankruptcy can cause major financial issues. One of the reasons bankruptcy can often take place is because businesses and companies cannot maintain finances that would otherwise keep their workers, higher-ups, and more in a stronger and more efficient financial position.  An example of this would be the failure to pay back a loan. This could… Continue reading

The IRS Announces Mileage Rates for 2022

The IRS has issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be 58.5 cents per mile driven… Continue reading

Crypto-Taxation: Uncle Sam’s Cut of Your Tokens

Crypto-Taxation Cryptocurrency has been making the news recently, with some stratospheric records being set in one week and breathtaking price plunges occurring the next. More and more people are investing and exploring the world of cryptocurrencies. While mainstream adoption of any given currency is still well behind what their advocates would like to see, there… Continue reading

IRS Clarifies Charity Benefits

The Taxpayer Certainty and Disaster Tax Relief Act of 2020 generally extends through the end of 2021 four temporary tax changes originally enacted by the CARES Act. Our tax lawyer friends at Bott & Associates, LTD has provided a summary of the provisions: Deduction for individuals who don’t itemize; cash donations up to $600 qualify… Continue reading

What Are the Consequences of Not Paying Back Taxes?

Paying taxes can be a stressful situation especially if you’re having difficulty financially or if your tax situation is much more complicated than a simple W-2. Due to these two issues, it’s actually quite common for Americans to get behind on their taxes and have back taxes they own to the IRS. Although it’s very… Continue reading

How a Lawyer Can Help You With Business Taxes

Owning a business is no easy task and whether you’re a single employee selling your services as a freelancer, own a small, specialty boutique with a handful of employees, or are working on building a corporate empire, there are plenty of challenges that come with owning and operating a business. One of these unique challenges… Continue reading

Are You Ready To File For Bankruptcy?

Filing for bankruptcy can be a difficult decision, especially if you aren’t sure whether the time to file is now, or later. Surveys suggest that loss of job and medical bill debts are two of the leading reasons why people file for bankruptcy. When both are a factor, it can make financial matters even worse.… Continue reading