Tag Archives: tax law


Posted 1 year ago in Bankruptcy by Jennifer King  
Read the Latest Issue of ‘Your Money & The Law’ Newsletter

Facebook to Pay $20M to Settle ‘Sponsored Stories’ Suit Facebook plans to settle a California class action over its use of users’ names and their profile pictures in its Sponsored Stories program for $20 million. The class accused the site of using the names and/or likenesses of users without their permission to promote products and services in violation of California’s state laws. Find Out More…   Prepaid Debit Cards Are Largely Unregulated Prepaid debit cards continue to grow in popularity …

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Posted 1 year ago in News of the Weird Taxation by Chuck Shepherd  
‘Queen of Tax Fraud’ Challenges the IRS on Facebook

IRS agents, investigating tax-fraud suspect Rashia Wilson, 26, turned up “thousands” of identification numbers in a September home search in Tampa. Wilson had already laid down a challenge in May, when she wrote on Facebook: “I’m Rashia, the queen of IRS tax fraud. (I’m) a millionaire for the record. So if you think that indicting me will be easy, it won’t. I promise you. I won’t do no time, dumb (expletive unpublished).” The search also turned up a handgun, and …

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Posted 1 year ago in Gay and Lesbian issues by Aaron Kase  
LGBT Couples Can Apply for Retroactive Tax Refunds

With the looming possibility that the U.S. Supreme Court might strike down the Defense of Marriage Act sometime this term, married same-sex couples could suddenly find themselves eligible for a host of federal tax benefits. Even better, if couples file what is known as a protective tax refund claim with the IRS before the end of the year, they could potentially pick up some extra dollars going as far back as 2009. DOMA, the 1996 Clinton-era law banning federal recognition …

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Posted 2 years ago in Consumer Law by Lawyers.com   
529 Plans Help Save for College

College tuition for a child born in 2012 is predicted to be more than $100,000 per year by the time this child reaches college age. Parents who plan to send their kids to college know that they need to start saving early. One good to save for college is through a 529 plan. Some new parents, in fact, now open a 529 account for their newborns and register for cash gifts.   529 Plans A 529 plan is a tax-advantaged …

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Posted 2 years ago in by Jennifer King  
Read the Latest Issue of Your Home & The Law Newsletter

How to Get Out of a Timeshare It seemed like a good idea at the time—buying a share of a pristine condo in a beautiful location for a week every year at the fraction of the cost of purchasing the entire property. Unfortunately, people who buy timeshares might find the real estate isn’t all it’s cracked up to be, and the property can be a pain to sell once the buyer’s signature is on paper. Find Out More…   University …

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