Critical Case Comment

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Report: HUD’s Sales of FHA-Defaulted Mortgage Loans Benefit the Big Mortgage Servicers and Hedge Funds While Homeowners Lose

National Consumer Law Center Documents the Negative Impact on Homeowners and Recommends Improvements to Preserve Homeownership and Stable Communities

FOR IMMEDIATE RELEASE: MAY 10, 2016

Full report, charts and tables (including the top 10 buyers of FHA defaulted DASP loans), and web only materials are available at: http://bit.ly/1WTd5sW

(BOSTON) The U.S. Department of Housing . . . → Read More: Report: HUD’s Sales of FHA-Defaulted Mortgage Loans Benefit the Big Mortgage Servicers and Hedge Funds While Homeowners Lose

IRS Marks National Military Appreciation Month; Free Tax Guide Focuses on Tax Benefits for Members of the Military

WASHINGTON — May is National Military Appreciation Month, and the Internal Revenue Service wants members of the military and their families to know about the many tax benefits available to them.

Each year, the IRS publishes Publication 3, Armed Forces Tax Guide, a free booklet packed with valuable information and tips designed to help . . . → Read More: IRS Marks National Military Appreciation Month; Free Tax Guide Focuses on Tax Benefits for Members of the Military

Bitcoins and Bankruptcy

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Ask Ms. Ps & Qs

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Hank Wins One at the BAP

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IRS Provides Tax Relief to Houston Area Storm Victims; Tax Deadline Extended to Sept. 1

WASHINGTON –– Texas storm victims, including those in the Houston area, will have until Sept. 1, 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 . . . → Read More: IRS Provides Tax Relief to Houston Area Storm Victims; Tax Deadline Extended to Sept. 1

Exemptions and Other Pitfalls - Part 6 of 6

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Beauty and Barber Shops Can Get Help at IRS.gov

If you are self-employed, visit IRS.gov for all your tax needs. Knowing the tax rules can help your business start, grow and succeed. For example, see IRS Publication 4902, Tips for the Cosmetology and Barber Industry. Here are some of the topics included in this booklet or detailed on IRS.gov:

Business Structure. One of . . . → Read More: Beauty and Barber Shops Can Get Help at IRS.gov

CFPB Proposes Prohibiting Mandatory Arbitration Clauses That Deny Groups of Consumers Their Day in Court

CFPB Proposes Prohibiting Mandatory Arbitration Clauses That Deny Groups of Consumers Their Day in Court Bureau Seeks Comment on Proposal to Ban a Contract Gotcha that Prevents Groups of Consumers from Suing Consumer Financial Companies

FOR IMMEDIATE RELEASE: May 5, 2016

WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is . . . → Read More: CFPB Proposes Prohibiting Mandatory Arbitration Clauses That Deny Groups of Consumers Their Day in Court