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8328967338_37e260ff6b_h_optTax season approaches.

There’s a surprising degree of overlap between bankruptcy and tax I’ve found over three decades as a bankruptcy lawyer.

Here’s my two cents on what I know about taxes.  It’s not a lot, but what I know is both simple and critical.

File those tax returns

Lots of folks who end up in my office discussing bankruptcy held off filing their returns because they figured they couldn’t pay the tax that would be due.

Bad decision.

Without a return, taxes never die

The IRS will not descend on you the week after you file a return with tax due.  They’re still opening envelops.

13 hours 18 min ago

Windows smashed, no injuries reported.

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23 hours 51 min ago

Bank consortium R3 CEV, one of the most well-funded blockchain working groups, has endured criticism for its meticulous process. But if blockchains are most valuable with a network effect, maybe forgoing some agility is worth the long while.

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23 hours 51 min ago

The Department of Housing and Urban Development announced Friday that the reduction in mortgage insurance premiums “has been suspended indefinitely.”

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23 hours 51 min ago

The Cincinnati bank will be advised by QED Investors on its fintech strategy.

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23 hours 51 min ago

The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth. Here are challenges his administration will face.

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23 hours 51 min ago

Documents filed in connection with a $586 million settlement reveal how certain agents for the global money transmitter enabled extensive fraud and money laundering.

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23 hours 51 min ago

Donald Trump was sworn in Friday, but banking industry executives have spent the last two months envisioning a vastly different political, economic and regulatory climate. The dominant question in coming months will be how realistic those expectations are.

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23 hours 51 min ago

The Stamford, Conn., credit card issuer reported net income of $576 million, up 5.3% from the same period a year earlier.

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23 hours 51 min ago

Native American tribal lenders that market small-dollar and installment loans can be investigated by the Consumer Financial Protection Bureau, a California appeals court ruled Friday in a victory for the consumer agency.

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23 hours 51 min ago

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1 day 1 hour ago

Trump Taj Mahal

Did Donald Trump ever file for bankruptcy?  The answer is no, he has not ever filed a personal bankruptcy, but his business interests have sought Chapter 11 bankruptcy protection on six occasions.

Chapter 11 is a reorganization, normally of a large business.  Click here for a list of Chapter 11 bankruptcies of major companies.

July 16, 1991.  The Trump Taj Mahal. 

Read More from: Bankruptcy Law Network

1 day 4 hours ago

Locating A Great Deal Over A New Cell Phone

Easy Programs For mobile ad networks – Some Insights

There is lots much more to such handheld amazing things than simply creating calls, although a cell phone can be a very useful product. As soon as you how, that you can do a great deal along with your mobile phone. No matter what you need to do, the following guidance can be extremely valuable.

When you are considering a cellular phone, make sure to retail outlet different companies for the very best rates. Many suppliers offer you the exact same mobile phones for excellent offers should you be happy to indicator a contract. Because often preserving on the telephone isn’t worthwhile if the program could be more costly in the end, just be sure to also explore the affixed programs.

Sometimes, cell phones can withstand getting lowered into water. Set your mobile phone in rice in such a circumstance. This draws the moisture content from your mobile phone.

Read More from: Kieselstein Law Firm

1 day 11 hours ago

"There is an added sense of urgency now," says Barbara Roper, director of investor protection at the Consumer Federation of America.

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1 day 11 hours ago

Treasury Secretary-designate Steven Mnuchin fended off questions about his past investments and foreclosure practices while discussing policy matters at his Senate confirmation hearing; FHA mortgage bond volume is starting to hit worrisome levels.

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1 day 11 hours ago

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

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1 day 11 hours ago

Quarterly profit improved despite a spike in noninterest expenses.

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1 day 11 hours ago

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.

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1 day 11 hours ago

As President-elect Trump and the new Congress proceed on tax reform, there is one exemption in particular that needs to be closed, shut and buried.

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1 day 11 hours ago

The South Carolina company plans to use proceeds for acquisitions and organic growth.

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1 day 11 hours ago

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