A merchant who buys and sells wines through an LLC that shows up as a Schedule C business on his personal tax return was recently audited. Read more »
October 16, 2020
Many of my bankruptcy clients want to know what will happen if they repay a family member before filing bankruptcy. It’s an important and common question I just faced. Read more »
October 13, 2020
Hi, Sebastian the Feline Paralegal here. “The boss” John, tax and bankruptcy lawyer, says
my blog’s not web-ready yet, which I think is ridiculous…see my tired paws??? Read more »
September 29, 2020
The U.S. federal and California state governments fund their activities by imposing and collecting taxes on various transactions. Read more »
September 22, 2020
Here’s a summary of how I practice law and what I promise my clients. Note: the first letters of each paragraph form my last name, Faucher. Read more »
September 15, 2020
Like so many businesses, the IRS shut down most of its operations during the early months of the pandemic, returning to full work only in early July. Read more »
September 4, 2020
Tax and Bankruptcy lawyer John Faucher is also an intrepid chicken farmer. The flock of Faucher Family Farms has ranged from six to sixteen hens (no roosters – too loud), and currently stands at thirteen. Read more »
August 31, 2020
Bankruptcy filings have declined nationwide this year – a counterintuitive trend given the economic gut punch from the Covid-19 pandemic. In the Central District of California, which includes much of Los Angeles, Ventura and Santa Barbara counties, there have been only 18,381 bankruptcy filings so far this year. Read more »
August 21, 2020
If your student loans went to pay tuition, room & board, or school supplies, then that debt is probably not dischargeable in bankruptcy. Read more »
August 17, 2020
Sadly, the economic slowdown caused by Covid-19 is making many small business owners consider bankruptcy. Indeed, the Small Business Association estimates 40% of the US’s 30 million small businesses will fold within a year. Read more »
August 10, 2020
