State laws generally govern the gaming industry. These laws can be very or less strict, depending on how the state views the industry, and most laws are aimed at promoting responsible...
A Ponzi scheme is an investment scam in which the conspirator uses the money invested in creating a false return on the investment.According to an article on CNBC.com, officials uncovered...
It is common for lawyers and clients to always settle disputes. This usually involves an exchange of money. And, almost any time when money changes hand, it usually involves tax, which...
Posted by Larry Hurt on 06/22/2020
Leaving the winning side of a lawsuit as a plaintiff can be a rewarding feeling, especially if it's a financial deal. There will likely be a sense of relief and demand. Unfortunately,...
Posted by Elliot Kravitz, ATP on 04/20/2020
One of the many questions I get as a tax and financial advisor is what business structure to choose when you are starting a business. Liability notwithstanding, a big determining factor...
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020
After months or probably years, of courtroom and lawyers, you finally settled their complaint. The money you deserve will eventually come. But the party has not started yet, because...
Posted by Larry Hurt on 10/29/2019
For centuries, estate planning and asset management of clients have been overseen by financial advisors. However in recent years, for finance pros and their clients to stay on top...
Posted by Elliot Kravitz, ATP on 10/29/2019
Paying taxes for plaintiffs win or lawsuit settlements can be a little surprising for some people. Reality hits when tax season comes and the IRS Forms 1099 arrives in the mail. This...
The Internal Revenue Service recently reiterated its warning that taxpayers would not be able to renew their passport or receive a new case because of a federal tax of $ 52,000 or...
Posted by rinehimerbaker on 04/09/2019