Saturday, 25 February 2012

Popular Tax Scams of 2012

From sophisticated identity theft to ‘free money’ fliers in local churches, the Internal Revenue Service is warning against a wide variety of tax-related scams.

The agency is specifically warning about the increasing number of cases involving the use of stolen identification to file tax returns and claim refunds. Persons, who receive a notice from the Internal Revenue Service informing them that there has been more than one tax return filed in their names, must be alerted to possible identity theft. If you have received a notice from the IRS informing you that you have received wages from an unknown employer you have never heard of, that should be another indication that you may have possibly become the victim of identity theft. In such cases, you must get in touch with the IRS Identity Protection Specialized Unit immediately.

Another low-cost, but highly popular scam that the Internal Revenue Service is warning about is the free-money scams that are perpetrated at local community organizations, like churches. The scams involve the distribution of flyers advertising money from the Internal Revenue Service in churches and other localities. Because churches are tight knit communities, such scams can be allowed to spread unchecked, mainly through word-of-mouth. For instance, unsuspecting taxpayers may be lured in by the promise of Social Security rebates or refunds, which needless to say, do not exist at all.

California tax attorneys are also often called in to undo the damage caused by ‘consultants’ who encourage taxpayers to transfer their assets into trusts, in order to avoid taxes. An offshore trust has its own purposes, and these are always legit and valid. However, to establish an offshore trust for the sole purpose of avoiding taxes is never recommended, and often backfires.

Tuesday, 21 February 2012

How does the Location of the Probate Affect Your Cash Advance?

Sometimes, persons who want to apply for a cash loan on their inheritance want to know if they can apply for a loan, even if the estate is located in another state. The answer to that question is ‘yes.’

In fact, it's quite common for persons to be named in a will, when the decedent resided in another state. In such cases, the probate laws of the decedent’s state will kick in, and the probate will be settled according to the laws that apply. Probate laws can vary from state to state, and as a result, the probate process may be either delayed or quick depending on the state. However, that should not make a difference to whether you can apply for an inheritance cash loan in another state.

The location of the estate of the decedent very rarely makes any difference on whether you are eligible for a cash inheritance loan in California. All that is required for you to be eligible for an inheritance cash loan is that you should be included in the decedent’s will. Your inheritance cash advance company will also have questions about your share of the estate, and certain other issues. If the answers to these questions are to the satisfaction of the probate cash company, you may be eligible for a loan.

Typically, when you apply for an inheritance cash advance, there will be no credit check performed on you, and no background screening to find out if you are positioned to handle any liability arising out of non-repayment. If the size of your inheritance is later found to be insufficient to cover the cost of the advance, you will not be held liable, provided that you have been forthcoming and completely honest about all matters related to the estate.

Monday, 13 February 2012

New Institute for Treatment of From Brain Injury in Veterans Opens

The Department of Defense has officially announced the opening of the new Traumatic Brain Injury section of the $1.03 billion hospital at Fort Belvoir.

The state-of-the-art new Traumatic Brain Injury Department was officially launched last week. Brain injury TBI services for veterans will now be consolidated between Fort Belvoir and Walter Reed-Bethesda in Maryland.

The new Traumatic Brain Injury Department combines extensive medical, psychological, physical and educational resources into a single centralized unit to enhance patient care. The center also includes state-of-the-art testing tools for traumatic brain injury, and cutting edge equipment for treatment of veterans who have suffered a brain injury.

According to representatives of the Fort Belvoir Hospital, the Traumatic Brain Injury Department will focus on developing treatment plans are tailored for each patient. The point is not to have one-size-fits-all cures for veterans who have suffered a brain injury, but to look for out-of-the-box strategies designed for individual patients who have suffered these injuries.

The military continues to invest heavily in traumatic brain injury research. Additionally, around the country, California veterans benefits lawyers have been encouraged to see other initiatives to find ways to prevent or reduce the impact of brain injuries affecting veterans. The Cleveland Clinic recently announced a partnership with Case Western Reserve University. The two centers have established an institute dedicated solely to develop prevention strategies for brain injuries. The new initiative will attack not just brain injuries affecting service members, but also those that are caused as a result of automobile accidents and sports injuries.

The Cleveland Clinic is also involved in cutting edge TBI research on its own. The Clinic is currently developing biomarker TBI diagnostic tests and is conducting experiments on an i-Pad app to detect sports-related concussions.