In Your Cites - A Quick Refresher Of Common Legal Citations For Your Bankruptcy Practice

By Megan E. Craig, Bayer, Wishman & Leotta (Los Angeles, CA)

New law school graduates and thirty-year veteran practitioners alike can benefit from a quick refresher on proper Bluebooki citation. This article reviews proper use of basic case, statute, internet and book citations, including use of short form and signals. It is intended for . . . → Read More: In Your Cites – A Quick Refresher Of Common Legal Citations For Your Bankruptcy Practice

Meet The New Trustee

As of January 1st, Carey Dalton Ebert was appointed Chapter 13 Standing Trustee for the Eastern District of Texas. Her office is in Plano. She inherited an exceptional staff from Chapter 13 Standing Trustee Janna Countryman, who passed away suddenly last year.

Prior to appointment as Standing Trustee, Ms. Ebert practiced law for over . . . → Read More: Meet The New Trustee

CFPB Takes Steps To Improve Checking Account Access

CFPB Takes Steps To Improve Checking Account Access CFPB Concerned that Screening Inaccuracies and Lack of Account Options are Keeping Consumers Out of the Banking System

FOR IMMEDIATE RELEASE: February 3, 2016

WASHINGTON, D.C. — Consumer Financial Protection Bureau (CFPB) is taking steps to improve checking account access amidst Bureau concerns that . . . → Read More: CFPB Takes Steps To Improve Checking Account Access

The Premium Tax Credit – The Basics

If you – or anyone on your federal tax return enrolled in health insurance coverage through the Health Insurance Marketplace, you may be eligible for the premium tax credit.

Here are some basic facts about the premium tax credit.

What is the premium tax credit?

The premium tax credit is a credit that helps . . . → Read More: The Premium Tax Credit – The Basics

Gasoline and The Debtor’s Budget

B.A.P. Rejects Literal Interpretation of 523(A) – Dischargeability of Tax “Returns”

By Megan Craig, Bayer, Wishman & Leotta (Los Angeles, CA)

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Meet the Martins

The Martins missed the deadline to file their tax returns. With good intentions to file, the Martins were delayed by troubles with their accountant. After the IRS sent notices of the deficiency and filed its own substitute assessment, Kevin . . . → Read More: B.A.P. Rejects Literal Interpretation of 523(A) – Dischargeability of Tax “Returns”

IRS Provides Tax Relief to Mississippi Storm Victims; Tax Deadline Extended to May 16

WASHINGTON (1/7/16)–– Mississippi storm victims will have until May 16, 2016 to file their returns and pay any taxes due, the Internal Revenue Service announced today. All workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization also qualify for relief.

Following this week’s disaster declaration for individual assistance . . . → Read More: IRS Provides Tax Relief to Mississippi Storm Victims; Tax Deadline Extended to May 16

Eight Facts for ALEs about New Information Statements to be Filed in 2016 (12/29/15)

The Affordable Care Act requires applicable large employers to file:

Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns Form 1095-C, Employer-Provided Health Insurance Offer and Coverage

Here are eight basic facts for employers:

The due date for furnishing these forms is extended.

The due date for furnishing the 2015 Form . . . → Read More: Eight Facts for ALEs about New Information Statements to be Filed in 2016 (12/29/15)

Eight Facts about New ACA Information Statements (12/22/15)

Many individuals will receive new ACA information statements for the first time in 2016:

Form 1095-B, Health Coverage Form 1095-C, Employer-Provided Health Insurance Offer and Coverage

Here are eight facts about these forms:

While the information on these forms may help you complete your tax return, they are not needed to file. You can . . . → Read More: Eight Facts about New ACA Information Statements (12/22/15)

The Individual Shared Responsibility Provision and Your 2015 Income Tax Return

(1/5/16) The Affordable Care Act requires you, your spouse and your dependents to have qualifying health care coverage for each month of the year, qualify for a health coverage exemption, or make an Individual Shared Responsibility Payment when filing your federal income tax return. If you had coverage for all of 2015, you will . . . → Read More: The Individual Shared Responsibility Provision and Your 2015 Income Tax Return