Monthly Archives: September 2011

A Loss for Arizona, Bankruptcy Attorney Joseph C. McDaniel Has Died

Leading Phoenix, Arizona, bankruptcy attorney, Joseph C. McDaniel, has passed away. PHOENIX,Ariz.,September 29, 2011– We are saddened to announce the passing of fellow bankruptcy attorney Joseph C. McDaniel. A graduate of Arizona State University, and a member of the State Bar of Arizona since 1980, McDaniel leaves behind a great legacy of legal work for bankruptcy attorneys everywhere, particularly for his fellow members of the Arizona bar. One of only 30 lawyers so honored, Mr. McDaniel had been [...]

By |2011-09-30T08:04:03+00:00September 30th, 2011|Categories: Uncategorized|Comments Off on A Loss for Arizona, Bankruptcy Attorney Joseph C. McDaniel Has Died

Arizona Bankruptcy: What Debts are Discharged in Chapter 7 Bankruptcy?

Understanding Arizona Bankruptcy: What Debts are Discharged in Chapter 7 Bankruptcy? If you’re considering filing bankruptcy, you know it can be a confusing and overwhelming time. At The Zolman Law, PLLC, we are dedicated to giving our clients the best possible legal guidance through life’s most challenging times. In this series, “Understanding Arizona Bankruptcy,” we will cover a multitude of bankruptcy facts and FAQs – but if you still have questions or concerns please don’t hesitate to contact [...]

By |2019-08-13T08:58:48+00:00September 30th, 2011|Categories: Uncategorized|Comments Off on Arizona Bankruptcy: What Debts are Discharged in Chapter 7 Bankruptcy?

Understanding Arizona Bankruptcy: When Should I Declare Bankruptcy?

If you’re considering filing bankruptcy, you know it can be a confusing and overwhelming time. At The Zolman Law, PLLC, we are dedicated to giving our clients the best possible legal guidance through life’s most challenging times. In this series, “Understanding Arizona Bankruptcy,” we will cover a multitude of bankruptcy facts and FAQs – but if you still have questions or concerns please don’t hesitate to contact one of our experienced bankruptcy attorneys  for further guidance. At what [...]

By |2011-09-27T12:51:11+00:00September 27th, 2011|Categories: Uncategorized|Comments Off on Understanding Arizona Bankruptcy: When Should I Declare Bankruptcy?

Recovering from Arizona Bankruptcy – Understanding Your Credit Score

While most Arizona residents understand that their credit is tracked and reported by the credit reporting agencies, many don’t realize that their entire credit history is boiled down into just one number – called a “credit score” or “FICO score.” This single number will dictate whether or not you get a loan as well as the interest rate you will pay. Since recovering from bankruptcy means working to raise your credit score, it’s important to understand how scoring works [...]

By |2011-09-24T12:43:02+00:00September 24th, 2011|Categories: Uncategorized|Comments Off on Recovering from Arizona Bankruptcy – Understanding Your Credit Score

Five Steps Arizona Residents Can Take to Recover from Bankruptcy – Part Two

In part one of this article  we talked about how many Arizona residents in financial trouble declare bankruptcy to get a fresh start. But after bankruptcy, you still need to focus your efforts learning new habits: 3. Be proactive about your finances If you start to fall behind on some payments, DO NOT bury your head in the sand. Pick up the phone before you bill is due and ask the creditor for an extension, a reduction in interest [...]

By |2011-09-21T12:33:03+00:00September 21st, 2011|Categories: Uncategorized|Comments Off on Five Steps Arizona Residents Can Take to Recover from Bankruptcy – Part Two

Five Steps Arizona Residents Can Take to Recover from Bankruptcy

For many Arizona residents in financial trouble, declaring bankruptcy is their path to a fresh start. But while it brings your debt under control, you still need to focus your efforts on bouncing back – and that means learning new habits that will help keep unexpected problems from sending you back into economic turmoil. According to a recent article in Money Magazine, the path to financial stability is based on simple arithmetic: spend less and save more. Of course [...]

By |2011-09-18T12:06:50+00:00September 18th, 2011|Categories: Uncategorized|Comments Off on Five Steps Arizona Residents Can Take to Recover from Bankruptcy

How Arizona Small Business Owners Can Plan Ahead to Keep Current with Quarterly Taxes

One of the biggest reasons many self-employed Arizonans or Arizona small business owners run into IRS Tax problems is that they fail to keep up with their quarterly tax payments. The IRS set up the quarterly tax payment system so that small businesses would pay their taxes on a more regular basis throughout the year and not get surprised by a huge April tax bill. But it’s still up to the individual business owner to make sure the [...]

By |2011-09-15T11:44:59+00:00September 15th, 2011|Categories: Uncategorized|Comments Off on How Arizona Small Business Owners Can Plan Ahead to Keep Current with Quarterly Taxes

US Supreme Court Agrees to Review Constitutionality of Arizona Private School Tuition Tax Credit

The United States Supreme Court has agreed to review the constitutionality of an Arizona tax credit  that has been battling its way through the Arizona state court system for nearly a decade.  The private school tuition tax-credit allows taxpayers to take a dollar-for-dollar tax credit of up to $1000 for donations made to non-profit organizations called “school tuition organizations.” The non-profits collect the money and distribute as scholarships. At issue is the fact that many of these non-profit organizations [...]

By |2011-09-12T18:40:01+00:00September 12th, 2011|Categories: Uncategorized|Comments Off on US Supreme Court Agrees to Review Constitutionality of Arizona Private School Tuition Tax Credit

Five Tips for Avoiding an IRS Audit – A Guide for Arizona Taxpayers

While the very thought of an IRS audit would have even the most scrupulous Arizona taxpayers shaking in their cowboy boots, the average Arizonan can rest easy. The IRS, like all government agencies, has a limited budget when it comes to auditing taxpayers in Arizona and the rest of the US. The IRS itself reported recently that their auditing budget would be focused primarily on wealthy Americans – those who earn more than $100,000 a year. And even [...]

By |2011-09-09T18:31:59+00:00September 9th, 2011|Categories: Uncategorized|Comments Off on Five Tips for Avoiding an IRS Audit – A Guide for Arizona Taxpayers

IRS set to work with Swiss Bank Account Providers to Find Arizona Tax Evaders

According to IRS Commissioner Douglas Shulman, thousands of US citizens – including Arizona residents – who have been hiding funds in offshore accounts in order to avoid paying taxes will be found out and required to pay their fair share. The news came out after the IRS reached a deal with the government of Switzerland recently; the IRS will soon have access to nearly 5,000 Swiss accounts held by American citizens. Shulman said that a conservative estimate of Swiss [...]

By |2011-09-06T18:25:54+00:00September 6th, 2011|Categories: Uncategorized|Comments Off on IRS set to work with Swiss Bank Account Providers to Find Arizona Tax Evaders