| Volume 23 Number 4 |
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The People’s Lawyer’s Tip of the Day
Don't think stopping payment on a check protects you from having to pay when a problem arises. If the check is transferred to another person, you probably will have to pay, even if you have a legitimate reason to not pay the person to whom you gave the check.
Capital Gains Home-Sale Tax Break a Boon for Owner
What's the best tax break available to Jane and John Q. Public? If they're homeowners, it's selling their house. Homeowners already know the many tax breaks that Uncle Sam offers, most notably mortgage interest and property tax deductions. Well, he also has good tax news for home sellers: Most of them won't owe the Internal Revenue Service a single dime. Click here for more.
Airbone Settles Class Action Lawsuit For $23m
The makers of Airborne, the health supplement that claimed it could make your cold go away, are spending $23 million to make a class action lawsuit disappear. Click here for more.
Postal Service Celebrates National Consumer Protection Week
Postal Service executives are marking National Consumer Protection Week by warning consumers against fake check scams and providing tips to prevent identity theft. Click here for more.
Strategies to Minimize College Tuition
Part of the college application process should be to think of ways you can help cut the high cost of education. Yes, it will take some extra effort, but it will be worth it. Here are some strategies for minimizing tuition. Click here for more.
Your Money
Calculate your estate tax liability. Click here for more.
For the Lawyers
Attorney liable as "debt collector" under Fair Debt Collection Practices Act. The 6th Circuit has held that an attorney running a collection agency may be liable as a "debt collector" under the Fair Debt Collection Practices Act for sending a potentially deceptive collection letter. Click here for more.