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Bankruptcy & Federal Tax News Monitoring

  • Published on Jun 3, 2026

    Senior Services Center of Will County in bankruptcy with $8.4M debt, but CEO says no cuts planned in services

    The Senior Services Center of Will County has filed for Chapter 11 bankruptcy listing $8.4 million in debt, but its CEO said no cuts are planned in services or staff. The nonprofit agency has provided services to local seniors for more than 60 years and …

    Source: Shaw Local - Illinois - Neutral
  • Published on Jun 2, 2026

    Do You Pay Interest to Creditors After Filing Chapter 13 Bankruptcy?

    For most people who file a Chapter 13 or debt consolidation bankruptcy, one of the huge benefits is the ability to discharge certain interest and penalties on certain debts. In just about all Chapter 13 cases, particularly those filed by debtors that are …

    Source: Courier Journal - Alabama - Pending
  • Published on Jun 6, 2026

    Primary runoff Election Day set for Tuesday, June 16

    DEKALB COUNTY, Ga. — Early voting in the primary runoff elections begins June 6 and ends June 12. Election Day is June 16. Locally, there are runoffs for the DeKalb County Commission District 3 and the School Board District 4. Several state legislative …

    Source: Decaturish - Georgia - Pending
  • Published on May 30, 2026

    Phoenix Pride Has Filed for Bankruptcy

    Phoenix Pride, the nonprofit behind Arizona’s largest annual queer celebration, is heading to bankruptcy court, marking another blow to Arizona’s already struggling Pride infrastructure and raising new questions about the future of large-scale LGBTQ+ …

    Source: LOOKOUT - Arizona - Pending
  • Published on Jun 5, 2026

    Tax Fraud Blotter: It's a family affair

    Oh snap; blood-testing lab; warning letters; and other highlights of recent tax cases. Processing Content Arlington, Texas: A Texas family and their Mississippi associate have been sentenced to federal prison after a jury convicted them of orchestrating a …

    Source: Accounting Today - Neutral
  • Published on Jun 3, 2026

    No Matter How Bad it Gets . . . Pay Your Withholding Taxes?

    State of the Economy? According to statistics released by the Administrative Office of the U.S. Courts for the twelve-month period ending Dec. 31, 2025, bankruptcy filings by businesses rose 7.1 percent and non-business filings increased by 11.2 percent. …

    Source: JD Supra - California - Neutral
  • Published on Jun 6, 2026

    Does receiving Social Security benefits make you judgment-proof?

    Social Security benefits are a crucial part of the budget each month for millions of Americans, providing a steady source of income in retirement and during periods of disability. But when debt problems arise, that monthly benefit payment can also become …

    Source: AOL - Neutral
  • Published on May 25, 2026

    What’s going on with The Villages Health System bankruptcy?

    What’s going on with The Villages Health System bankruptcy? It’s Complex.  The Villages Health System, LLC (“TVHS”) bankruptcy is complex, and it takes a lot of digging to understand what’s going on.  Scott Fenstermaker The number of pages filed so far in …

    Source: Villages News - Florida - Right-wing
  • Published on Jun 3, 2026

    Elon Musk is set to become the world’s first trillionaire. Democrats are taking aim.

    Progressive politicians are sharpening their attacks against tech tycoon Elon Musk, zeroing in on his soon-to-be-trillionaire status days before his company SpaceX’s record-setting initial public offering. Subscribe to read this story ad-free Get unlimited …

    Source: NBC News - Center-left
  • Published on Jun 2, 2026

    Congressional candidate Chuck Park proposes ‘Game Over Act’ aimed at regulating casinos

    Chuck Park, a former U.S. diplomat running for Congress against incumbent U.S. Rep. Grace Meng, plans to take on large casino operators if elected to office through his proposed “Game Over Act” aimed at protecting working families. His announcement comes …

    Source: QNS - New York - Neutral
  • Published on May 12, 2026

    Craig Morton Net Worth at Death: How the Broncos QB Rebuilt His Finances After Bankruptcy

    Craig Morton spent part of his NFL career battling more than opposing defenses. At the time of his death aged 83, various estimates placed Craig Morton’s net worth in the low millions — a remarkable financial recovery for a quarterback who once faced …

    Source: Finance Monthly - Neutral
  • Published on May 26, 2026

    Tax Me If You Can

    Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Democracy, for most of its existence, has managed to coexist with oligarchy, but only on the condition that oligarchs exert their influence …

    Source: Mother Jones - Left-wing
  • Published on Jun 1, 2026

    Ensenada’s $5 Billion Peso Problem

    There are a lot of titles a city can earn: Wine Capital of Mexico. Cruise Ship Favorite. Gateway to Baja. “Most indebted municipality in Mexico” is not usually one of them. Yet that is exactly the title Ensenada continues to carry, according to municipal …

    Source: Gringo Gazette North - Neutral
  • Published on May 29, 2026

    Stand Up, People!

    To the Editor: When President Trump started the war with Iran, he said it would last two to four weeks. Then it was four to six weeks. Now he said it will not last as long as the ten-year long Vietnam war. He also said he does not care about the economic …

    Source: The New Hampshire Gazette - Left-wing
  • Published on May 27, 2026

    The Tax Free Muni Bond Portfolio That Replaces a $75,000 Salary at $1.6 Million Invested

    © designer491 / Getty Images A $75,000 salary sits at the top of the U.S. median household range, but for a retiree in a high federal and state bracket, replacing it with taxable income means earning much more before Uncle Sam takes his cut. Federally …

    Source: 24/7 Wall St. - Neutral
  • Published on May 28, 2026

    New York Is Taxing Itself Into Irrelevance

    If you want to understand why New York is in decline, stop listening to politicians and start watching the exits and the cold, hard numbers. The smart money is already gone. The companies are right behind it. And the politicians who caused it are still …

    Source: Townhall - Right-wing
  • Published on May 22, 2026

    There are 40,000 trusts linked to Australian farms. Here's why

    Half of all Australian farms are held in family trusts, so how will farmers be affected by the federal tax overhaul? Farmers use trusts to protect their assets, distribute income within their families and ensure the farm can be passed on to the next …

    Source: ABC (Australian Broadcasting Corporation) - Public Broadcaster
  • Published on May 21, 2026

    There are 40,000 trusts linked to Australian farms. Here's why

    Half of all Australian farms are held in family trusts, so how will farmers be affected by the federal tax overhaul? Farmers use trusts to protect their assets, distribute income within their families and ensure the farm can be passed on to the next …

    Source: ABC (Australian Broadcasting Corporation) - Public Broadcaster
  • Published on May 28, 2026

    Customers say this family-run NJ contractor took their money — now feds want prison time

    ⚠️ Federal prosecutors say a South Jersey contractor family dodged more than $450,000 in taxes. 🚧 Customers had complained for years that Stephens Contracting took payments for unfinished work. 🔴 Father and son now face prison after pleading guilty in …

    Source: New Jersey 101.5 - Pending

23 days 21:03:18

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