The 1099-K originates in business transactions performed using online payment systems like PayPal. The situation changed for everyone starting January 2022, eliminating a potential tax loophole for small businesses and creating substantial more risk for personal use. Continue reading Keep It Personal – Classify Your Online Payments Properly or Face the 1099-K
The government recognizes several different tax breaks for students and parents that might save you thousands of dollars. That could add up rather quickly. Continue reading Tracking Education Expenses
In an attempt to extend additional tax breaks for people who contributed to charity during the past year when so many needed the help, the IRS is offering higher than usual tax deductions for some taxpayers. Continue reading Record Your Charitable Donations
Is the Bar Exam truly necessary to prove an applicant is qualified? The Legal Industry’s current implementation of the exam would suggest the answer is “No” Continue reading New Update to Fall 2020 Bar Exam
Case Notes for Chae Chan Ping v. United States (130 U.S. 581). Herein a Chinese laborer was prohibited re-entry to the US under the Act of 1888. Key Issues included whether the act conflicted with pre-existing treaties or could be applied to those who left the US before the act was passed. Continue reading Chae Chan Ping v. United States (130 U.S. 581)
On May 5, 2020, the NCBE made their official announcement regarding the July 2020 Bar Exam. Based on this information, NCBE has determined that there will most likely be a sufficient number of July examinees to administer the bar exam. Accordingly, we plan to make our exam materials (MBE, MEE, and MPT) available to those jurisdictions that choose to administer an exam in July. NCBE, … Continue reading The NCBE Has Spoken – July 2020 Bar Exam Will Proceed
This follows up on our April 17th article “Will the July 2020 Bar Exam be Delayed” where we explained the issues with deciding whether to continue, cancel, or reschedule. As mentioned in that article, several states are waiting for the NCBE to make it’s recommendation on May 5. It’s worth noting that as more states reschedule or delay, it becomes less likely the NCBE will … Continue reading Will the July 2020 Bar Exam be Delayed (End of April Update)
The IRS has developed a program whereby US citizens can: Share their income and bank information if they did NOT file taxes in 2019 Share their bank information if they did file taxes in 2019 Track their economic stimulus check. In order to log into the system, you need the following information: Social Security Number Your Birthdate (MM/DD/YYYY) – include the slashes (/) The Street … Continue reading Find My Economic Stimulus Payment with the IRS
The National Conference of Bar Examiners (NCBE) has officially published the 2019 Bar Exam Statistics. This annual report provides all final data gathered from the states regarding the February (Winter) and July (Summer) bar exams in the United States. 10,039 people took the exam in February; while 46,370 people took the exam in July. Of those: 10,039 people (46%) passed in February 29,834 people (64%) passed … Continue reading NCBE has Published the Official 2019 Bar Exam Statistics
It appears that the spread of the Coronavirus and subsequent closure of the State Bar offices has not impacted the release of February 2020 Bar Results. A couple states did delay their results by a few days, but looking at the big picture most states are right on track or actually early. The following states have already released their scores: Alabama, Arkansas, Colorado, Illinois, Indiana, … Continue reading Has the Virus Delayed February 2020 Bar Results Release
