Friday, August 21, 2009

Friday, August 14, 2009

Casualty Losses in 2009

For 2009, individuals must reduce their casualty and theft losses for personal-use property by $500 instead of $100. This $500 reduction for losses of personal-use property applies to each casualty or theft event.

Friday, August 7, 2009

News for the Unemployed!

Congressman Jim McDermott (D-WA) and 23 co-sponsors have introduced the Emergency Unemployment Compensation Extension Act of 2009 (H.R. 3404) to provide extra weeks of benefits in high unemployment states. Following link is to copy of proposed bill.

www.govtrack.us/congress/billtext.xpd?bill=h111-3404

Rogue creditors limited by MA SJC!

The Massachusetts Supreme Judicial Court has toughened rules for debt collectors effective October 1, 2009. Good news for those at the mercy of rogue creditors! Following is a link to an August 7th, 2009 Boston Globe article.

www.boston.com/business/personalfinance/articles/2009/08/07/sjc_toughens_rules_for_debt_collectors