Part II - Objections to Claims

. . . → Read More: Part II – Objections to Claims

Critical Case Comment

. . . → Read More: Critical Case Comment

Tips for Business Owners Who Need to Reconstruct Records After a Disaster

After a disaster, many business owners might need to reconstruct records to prove a loss. This may be essential for tax purposes, getting federal assistance, or insurance reimbursement.

Here are four tips for businesses that need to reconstruct their records:

To create a list of lost inventories, business owners can get copies of invoices . . . → Read More: Tips for Business Owners Who Need to Reconstruct Records After a Disaster

IRS Offers Web Conference on Tax Relief for Disaster Victims

In response to recent natural disasters, the IRS is offering two webinars. These online events help tax professionals better understand tax relief for victims of disasters.

The web conferences cover: Tax relief for individuals and businesses Special rules for disaster areas How disaster losses affect taxes Calculating and reporting disaster area losses Tax issues . . . → Read More: IRS Offers Web Conference on Tax Relief for Disaster Victims

IRS Gives Tax Relief to Victims of California Wildfires; Extension Filers Have Until Jan. 31 to File

Victims of wildfires ravaging parts of California now have until Jan. 31, 2018, to file certain individual and business tax returns and make certain tax payments, announced 10/13/17.

This includes an additional filing extension for taxpayers with valid extensions that run out this coming Monday, Oct. 16.

Currently, the IRS is providing relief to . . . → Read More: IRS Gives Tax Relief to Victims of California Wildfires; Extension Filers Have Until Jan. 31 to File

Critical Case Comment

. . . → Read More: Critical Case Comment

Do Secured Claims Need to Be Provided for By The Plan?

. . . → Read More: Do Secured Claims Need to Be Provided for By The Plan?

CFPB Issues Interim Final Rule To Help Mortgage Servicers Communicate With Certain Borrowers At Risk Of Foreclosure

Bureau Also Seeks Comment on Separate Proposed Rule Modifying Timing Requirements for Bankruptcy Periodic Statements

FOR IMMEDIATE RELEASE: October 4, 2017

The CFPB issued an interim final rule and a proposed rule to provide mortgage servicers more flexibility and certainty around requirements to communicate with certain borrowers under the Bureau’s 2016 mortgage servicing . . . → Read More: CFPB Issues Interim Final Rule To Help Mortgage Servicers Communicate With Certain Borrowers At Risk Of Foreclosure

Taxpayers Should Be Wary of Unsolicited Calls from the IRS

Taxpayers who get an unexpected or unsolicited phone call from the IRS should be wary – it’s probably a scam. Phone calls continue to be one of the most common ways that thieves try to get taxpayers to provide personal information. These scammers then use that information to gain access to the victim’s bank . . . → Read More: Taxpayers Should Be Wary of Unsolicited Calls from the IRS

IRS Provides Tax Relief to Residents of Puerto Rico and the Virgin Islands

The IRS issued guidance to provide relief to residents of Puerto Rico and the U.S. Virgin Islands who evacuated or couldn’t return because of Hurricanes Irma or Maria.  The relief extends the usual 14-day absence period to 117 days (beginning September 6, 2017 and ending December 31, 2017) for the presence test for residency . . . → Read More: IRS Provides Tax Relief to Residents of Puerto Rico and the Virgin Islands