| Volume 57 Number 7 |
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The People’s Lawyer’s Tip of the Day
When shopping for goods or services, compare the store, the internet, and the 800 number for the best price. You never know who will offer you the best deal. Click here for more.
2011 Important Income Tax Changes
Are you a "do-it-yourself" income tax filer? Even if you use computer software to calculate your taxes, it is still important that you keep up with relevant changes in tax law. After-all, no software is perfect. To read some of the most important tax changes before you prepare your 2010 return, Click here for more.
Fed Moves to Cut Debit Card Fees
The Federal Reserve Board proposed rules this week that would cut debit-card interchange fees by 90 percent. The move would dramatically cut profits for Visa and Mastercard, but would help retailers. Under the current system, merchants are required to pay a percentage of purchase price, regardless of cost. As a result, many businesses can actually lose money on a transaction, depending on the price points. Under the proposed system, transaction fees could be capped at 12 cents per transaction. This is recognized as a huge victory for small businesses, but a devastating blow to the major credit card companies. To read about the proposed rules, Click here for more.
Your Money
Is a hybrid car right for you? Click here for more.
For the Lawyers
Arbitration clause found unenforceable. The U.S. District Court in Montana held a mandatory arbitration clause in an internet service provider's terms of service—which was presented in capitalized text in the ninth paragraph of the unsigned document—was an inconspicuous part of a contract of adhesion and unenforceable under Montana law. Click here for more.