Helping Tax Clients

Chapter 9 Bankruptcy

Ian Agster — Wed, 01 Sep 2010 17:06:57 +0000

Judge tosses Prichard bankruptcy | al.com MOBILE, Alabama — Prichard’s bankruptcy case was dismissed this morning, after a judge agreed that the city was not eligible for Chapter 9 under Alabama law. A crowd of city retirees and current employees applauded when U.S. Bankruptcy Judge William Shulman read the decision. Shulman granted a motion filed by a group [...]

Settlement in bridge collapse

Forrest Wallace — Tue, 24 Aug 2010 12:02:36 +0000

The New York Times reported on the settlement reached between an engineering company, URS Corporation, and the victims involved in the collapse of a bridge in Minneapolis that broke apart and fell into the Mississippi River. 13 people died and 145 were injured. URS agreed to pay $52.4 million, bringing the total settlement amogst all [...]

Norman McKellar – Top Attorney for Income Tax and IRS Resolutions

Norman McKellar — Mon, 23 Aug 2010 18:04:26 +0000

The July-August 2010 Cityview Magazine announced that Norman D. McKellar is a “Top Attorney” for Income Tax and IRS Resolutions. If you need assistance with your tax problem, contact Norman D. McKellar today at 865-566-0125 for a free consultation.

Eggs Recalled

Forrest Wallace — Mon, 23 Aug 2010 12:47:04 +0000

With at least 1,300 people suffering from salmonella, and around a half-billion eggs recalled, you might say that the poultry industry is having rough few weeks. MSNBC reported on the story, which highlights to the lack of regulatory oversight when dealing with egg moguls such as Austin “Jack” DeCoster, who owns Wright County Egg and Quality [...]

BP oil spill settlements

Forrest Wallace — Fri, 20 Aug 2010 16:29:56 +0000

The New York Times reported that the $20 billion oil spill compensation fund will not be disbursed in lump sums without some strings attached, most prominently a waiver of further law suits. The fund is to be administered by a prominent Washington lawyer and the skirmishes over the terms is ongoing. Another determining factor will [...]

Nashville Police lose thousands of traffic stop videos

Forrest Wallace — Thu, 12 Aug 2010 12:37:19 +0000

In an ongoing feud reported on by The Tennessean, Nashville Metro police are at odds with ICOP Digital Inc. over the the destruction of 1,300 police dashboard camera videos. Such videos constitute key evidence in any case involving traffic stops, from DUI and speeding to automobile searches. At issue is how exactly the videos were [...]

Venue for Gulf Spill Litigation Finalized

Forrest Wallace — Wed, 11 Aug 2010 16:23:33 +0000

We all know that the BP oil spill is producing the largest litigation effort in US history, but the first critical issue is where are these cases to be heard? The answer came today from the Federal Multi-district Litigation Panel, which ruled that a US judge in New Orleans will entertain the hundreds of suits that have [...]

Jealous of Toyota, Honda issues own recall

Forrest Wallace — Mon, 09 Aug 2010 16:58:33 +0000

Honda is having a difficult time fixing a consistent problem: a defect in the shift interlock system could allow the vehicle to be turned off and the key removed without the vehicle’s automatic transmission being in Park. That could allow the vehicle to roll away. That is a problem. The New York Times‘ “Wheels” blog [...]

Bankruptcy Filing Increases

Ian Agster — Fri, 06 Aug 2010 15:54:52 +0000

Personal Bankruptcies Rise, Reversing Trend – WSJ.com More Americans filed for bankruptcy protection in July, reversing a trend of declining filings over the previous three months and highlighting the continuing financial struggles of many consumers. Personal bankruptcies numbered 137,698 last month, a 9% increase from the June total, according to the American Bankruptcy Institute, an organization of [...]

Americans Renouncing Citizenship to Avoid IRS?

Norman McKellar — Wed, 04 Aug 2010 14:40:29 +0000

An interesting article from Financial Times about Americans living abroad and desiring to give up their citizenship in order to avoid the Internal Revenue Service. http://www.ft.com/cms/s/0/0ae8415c-9e5e-11df-a5a4-00144feab49a.html Instead of renouncing your citizenship, try contacting Tennessee tax attorney Norman D. McKellar today at 865-566-0125 for a free consultation.