Do Your Own Taxes - Fee from Refund
Claiming Social Security Disability

Death & Taxes

We have Information to Help You with Either

Got Question for a CPA Mom?

IRS wants you to retire Financially Free!     We will answer your questions and give you options about how to become Financially Free when you retire

Tax answers/options when you sell your Home.      We will answer your questions about the tax free home sales and give you options on tax free exchanges

So, You got a letter from IRS?  We can help.    Letters from IRS are scary. We will answer your questions at no charge.

S-Corp, LLC, C-Corp, Partnership - Your Choice?    Selecting the correct Business Entity is confusing.  We will give you the tax options of each Business Entity.

How not to pay taxes when you sell income property.    We will explain how to do a tax free exchange & not pay taxes when you sell your income property.

To pay for Services - Please click on Paypal Logo below

FREE 2008 CPA Moms Tax Review Details
Divorce & Taxes
Offer in Compromise
Installment Payment for Taxes
Credit Reports
Social Security
Do Your Own Taxes - Fee from Refund
Deliquent Tax Returns
Retirement Planning
FREE 2008 Tax Return Review Details
CPA Moms Master Index
Alimony Deductions
Moving Deductions
Contribution Deductions
Job Hunting Deduction
Education Deductions
Adoption Deductions
Medical Deductions
Mileage Deductions
Car Donation Deductions
Bad Debt Right Off
Hybrid Cars Deductions
Educator Deductions


Filing Bankruptcy? Better Hurry to Beat the New Bankruptcy Laws
Andy Ballentine and

New Bankruptcy Laws 2005, effective October 17, will make it more difficult to discharge your debts by filing bankruptcy.

Changes to the law in the form of The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, are due to complaints by the banks and other financial institutions who cite abuse of the bankruptcy laws by financially irresponsible consumers.

Worries, however, abound that the New Bankruptcy Law will leave the most vulnerable in society - namely, the elderly, low income families and single mothers - with no protection against unmanageable debts due to job loss or other unforeseen circumstances.

Changes to the law in the form of the new bankruptcy laws of 2005 are as follows:

1. To escape the new law, your income must be below the median of income for families of the same size in the state where you live

2. You will be required to undertake a means test (based on income and expense) to ascertain whether or not you qualify for "debt forgiveness" (provided currently under Chapter 7 Bankruptcy)

3. If the bankruptcy court believes you have enough spare income each month to set aside for repayment of debts, you may be required to file Chapter 13 Bankruptcy, which will mean automatic participation in a debt repayment plan over 3-5 years

4. Under the new bankruptcy law, you'll be required to undertake debt counseling under Section 106

Under Chapter 7 bankruptcy, you are allowed to protect part of the equity of your home from creditors, as determined by the state laws where you reside. From the date of the changes, however, the new bankruptcy law overrules some of these exemptions. Subject to filing time limits, the exemption for your home is limited to $125,000.

The new bankruptcy laws of 2005 also affects businesses who file for bankruptcy.

Debt Stacking - How To Get Out Of Debt Fast! Did you know that HOW you pay your debts can dramatically affect how quickly you reduce debt - even if you make the same payment each and every month? Copyright 2005 Andy Ballentine and All Rights Reserved. Please note: This Resource Box MUST be included with article.




Main Menu

Recorvery Rebate Credit
Mileage Deductions
Car Donation Deductions
Bad Debt Right Off
Hybrid Cars Deductions
Tax Cash Today at Western Union
CPA Moms - Services Offered
Tax Preparation
Electronic Filing
Enrolled Agents
Tax Moms
Recovery Rebate Credit
CPA Moms
Representation before IRS
Non Profit Tax Services
CPA Loan Letter
$7500 Downpayment for your Home
Offers-in-Compromise Home Page
Latest Offers-in-Compromise
Offers-in-Compromise Articles
Additional Resources
Want to Joins theTax Moms?
Questions for CPA Moms?

About Us  ......  Disclaimer ..........           Copywrited 2005  - 2006 & Developed by  Tax Net Inc