Jim loves to fly. It’s how he makes a living. He leases luxury airplanes and ferries rich people wherever they want to go. Jim once flew Lee Iacocca someplace and chatted with him for four hours. His former company also performed engine maintenance and other plane repairs. But the company took a financial nosedive when a large client stiffed him for $200,000.Read more »
Author: admin@faucherlaw
The Three Questions You MUST Ask When Hiring A Bankruptcy Attorney
1. WHICH TYPE OF BANKRUPTCY FITS MY SITUATION – A CHAPTER 7 & 13? There are two kinds of bankruptcies for personal (rather than business) debt. Generally, chapter 7 Read more >>
IRS Account Transcript: What the IRS Knows About You
Everything the IRS knows about you exists on a piece of paper called the Account Transcript. I get a client’s transcript when I begin representing them because I need to know what the IRS knows about Read more >>
Who’s Sebastian the Feline Paralegal?
Many recipients of the most recent Faucher Law Newsletter have been clamoring for more information about Sebastian, my paralegal cat and newest employee! Where’d Sebastian Come From? My wife, daughters Read more »
Estate Valuation & the IRS
What if a family member dies and you’re the executor of their estate? In a previous blog post, I addressed how to handle all the paperwork . Today, I talk about how to value Read more »
Things to Dislike About California’s EDD: No One Agent Is In Charge
California’s Employment Development Department (EDD) collects and administers California’s State payroll taxes (consisting of the state income, disability, employment training Read more >>
Things To Dislike About California’s EDD: Brutal Collection Efforts
Many of my clients know that California’s Employment Development Department has a well-earned reputation for being a hard-nosed tax agency , much worse than the IRS. This agency collects California’s State payroll taxes Read more »
Hey, Congress: Stop Underfunding the IRS!
Recipients of my September Newsletter know it featured me running for elected office on a mock platform of fully funding the IRS. This was the most recent of my many rants against Read more »
Taxes on Inheritances
Bad news: your uncle dies. Good news: he left you money and a house. You’re also a beneficiary on a life insurance policy he had. Bad news: he named you Read more »
Understaffed IRS: Occasionally Good for Clients, Always Bad For US
When the IRS does not have enough people to answer questions, perform audits, or collect the taxes, several things happen. The US Treasury doesn’t collect as much tax revenue as it should. Some people start evading taxes, figuring they can get away with it. Read more »