Before I started at Faucher Law, I was finishing up my MSA (master of science in accounting) at San Diego State University. When I used to tell people about my accounting background, they asked if I liked tax, and my answer was always NO! Now here I am, half a year later, switching my answer: I kind of love tax! Listed below are the most surprising things I have learned at my time at Faucher Law and how they have changed my perspective on tax and bankruptcy. Read more »
February 12, 2024
Business
Small Business Chapter 11 Bankruptcies Faster and More Affordable!
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
Transferring a Limited Partnership Interest
A client called me with a strange problem. He and his brother had inherited real property in Nevada. Because the brother was less than fully-functional, the client held his brother’s share as trustee in a spendthrift trust. Read more >>
August 29, 2015
Wells Fargo: Worst Bank EVER
I don’t like Wells Fargo Bank. Its abusive policies make it impossible to think well of it. I try not to do loan modifications for clients because all banks are reluctant to negotiate them. Banks are forced to do so by well-meaning statutes. Read more >>
September 22, 2014
Payday Lenders: Predators
Here is a very amusing and outraged report on “payday lenders” from John Oliver, the British reporter who apprenticed with Jon Stewart and Steven Colbert. He’s accurate in presenting the problem Read more >>
August 29, 2014
Investment Activity and Your Tax Return
Most people know that they can’t claim losses incurred by a hobby – say, for instance, their side hobby of breeding and raising Great Pyrenees dogs. No profit motive, no deduction Read more >>
July 10, 2014
Tax Debt Lowered from $513,000 to $30,000!
“Impossible,” you’re probably thinking. But it’s not. Here’s why. Read more »
December 26, 2012
Filing Bankruptcy If Debtor No Longer Lives in US
I had an American client who lived in Europe – Luxembourg, of all places. He moved because his business ventures in the US were going bad. His wife was from Luxembourg, so the family moved close to his in-laws Read more >>
October 10, 2012