| Volume 143 Number 9 |
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The People’s Lawyer’s Tip of the Day
Tax identity theft happens when someone uses your Social Security number (SSN) to file a phony tax return and collect your refund. You may not find out about it until you try to file your tax return and the IRS rejects it as a duplicate filing. While the IRS investigates, your tax refund can be delayed. The misuse of your SSN means you also may be at risk of other types of identity theft. Click here for more.
FDA warns Purell makers to correct unproven claims in its marketing
Part of the function of the U.S. Food and Drug Administration (FDA) is to make sure companies don’t make false claims when advertising their products, and that appears to be what’s happening in the case of Gojo Industries, the maker of Purell hand sanitizer. FDA officials have sent a warning letter to Gojo over some of the language that the company has used in its marketing materials. This includes claims that some Purell products have the ability to kill germs that are linked to MRSA and VRE. Click here for more.
Your Money
If you don't have access to a 401(k) retirement account through your workplace, the next best thing may be an IRA. Standing for individual retirement account, an IRA is a tax-advantaged account that lets you put money aside for the future. But while opening an IRA can be a smart financial decision, selecting the right provider can feel overwhelming. Here are five IRA providers to consider. Click here for more.
For the Lawyers
Real estate contract found unconscionable. A Texas court of appeals found a real estate contract to be unconscionable under DTPA based on price. In addition to DTPA damages, the court also ruled the promissory note, deed of trust, and vendor's lien in special warranty deed were void pursuant to DTPA. Sadeghian v. Jaco, 2020 Tex. App. LEXIS 670 (Tex. App.—Dallas 2020, no pet h.) (mem. op.) Click here for more.