Filing Bankruptcy While Unemployed The last few years have been economically challenging to say the least. Jobs were lost, stimulus payments have stopped, and savings have dwindled leaving many individuals to rely on credit cards to make ends meet. After a period of unemployment, many come to realize that a bankruptcy may be needed to
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File Bankruptcy to Stop a Wage Garnishment
Wage Garnishment Formally known as an Earnings Withholding Order, or EWO for short, a wage garnishment can seriously affect a debtor’s ability to maintain a minimal standard of living sufficient to pay for necessities like food and housing. That is because a wage garnishment typically takes a 25% chunk out of a debtor’s paycheck. Fortunately,
3 Things Employers and Employees Should Know About Retaliation Claims
Retaliation Claims While the word retaliation has broad meaning in everyday language, when it is used in relation to employment law it has a specific meaning. Here are 3 things every employer and employees should know about retaliation claims in California. In order to establish a claim of workplace retaliation, the following elements need to
International Tax Law for Non-Profits
International Tax Law In today’s economic climate non-profit organizations are looking globally to support continuing operations. However, in doing so, non-profits need to understand applicable international tax law and ensure compliance with applicable federal tax laws and IRS guidelines. This is especially important in cities like San Diego where non-profits may have operations in both
Are Court Settlements Taxed in California?
Are Court Settlements Taxed Often, personal injury settlements only come after an extended period of physical and emotional suffering. The first question people usually want answered when considering a lawsuit is, “Are Court Settlements Taxed in California? Here are answers . . .Once a personal injury case settles, plaintiffs understandably want to collect their rightful
How to Declare the Child Tax Credit on Tax Returns
How to Declare the Child Tax Credit In 2021 families across the country received advanced payments from the federal government in advance of the Child Tax Credits. Now parents filing tax returns want to know how to declare the child tax credit on tax returns on their annual tax returns. Here are some pointers to
Does Bankruptcy Clear Tax Debt in California
Does Bankruptcy Clear Tax Debt Individuals and businesses facing financial peril want to know, does bankruptcy clear tax debt in California? Those considering bankruptcy are typically dealing with severe financial stress which resulted from distinct types of debt and financial burdens. Will filing for bankruptcy put you back on the right financial track? Is Bankruptcy
How to Get Rid of Tax Debt Without Filing for Bankruptcy
Get Rid of Tax Debt A common question asked by those who fall behind on taxes is, “How to get rid of tax debt without filing for bankruptcy?” Our legal professionals at RJS LAW help answer this question often and this blog post will discuss some of the different programs and approaches used to help
Essential Estate Planning Checklist
Estate Planning Checklist One of the common misconceptions the estate planning team at RJS LAW hears is that estate planning only applies to wealthy people with lots of assets. This could not be further from the truth. A proper estate planning checklist should encompass everything you own and include instructions as to how you want
Internal Revenue Service Form 8938
An Important International Tax Form to Declare Foreign Financial Assets May be filed through the IRS Streamlined Procedures What is it Internal Revenue Form 8938? Form 8938 is used to report specified foreign financial assets when the overall value of the those specified foreign financial assets is over the appropriate reporting thresholds. The form requires