Loan Transaction Costs IRA its Bankruptcy Exemption

Loan Transaction Costs IRA its Bankruptcy Exemption
While the IRS has an interest in policing the prohibited transaction rules, in my experience I have seen these issues come up more in bankruptcy proceedings than in tax audits and controversies. This is because the bankruptcy trustee is always on the …
Read more on JD Supra (press release)

Bankruptcy Reform Worked, But Didn't Go Far Enough
Some in the legal profession chose to jack up prices for those consumers who were in such poor financial condition that they qualified for bankruptcy under the tighter, post-2005 rules. And this increase in fees occurred despite the fact that the …
Read more on American Banker

Millennium Health to pay 6 million over allegedly tainted lab claims
Millennium Health, a San Diego based lab company, will pay the government $ 256 million to settle allegations it billed the government for medically unnecessary urine, drug and genetic testing and gave free drug cup tests to physicians in exchange for …

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