Author Archive for: afmorganlaw
Entries by Ashley Morgan
Understanding a Warrant in Debt: Virginia’s Lawsuits for Debts
Here in Virginia, a lawsuit for money in General District Court is called a Warrant in Debt. This sounds a lot scarier than it is. It basically means someone, a person or a company, is claiming you owe them money. The purpose is of the Warrant in Debt is to get a judgment. A judgment, […]
Changes to the 2018 Tax Forms
Your 2018 1040 tax return will look very different than years past. With the passing of the Jobs and Tax Act back in 2017, the Internal Revenue Service is experiencing the most substantial changes to the tax code in over 30 years. These changes include edits to many of the forms you may be familiar […]
Starting 2019 Off Right: Planning for 2019 Taxes
It is important at the end of the year to start thinking about next year’s tax situation. While it is likely too late in the year to fix any issues you had in 2018 with your withholding or estimated tax payments; but it is never too early to get your situation fixed going into 2019. […]
An Open Letter From a Bankruptcy Lawyer: The Truth about Bankruptcy and Debt Relief
To Anyone Feeling Overwhelmed with Debt: As a bankruptcy attorney, my office deals with people who are going through stressful moments in their lives. Every day we help educate people on bankruptcy and debt issues. Hardest part about talking with individuals about debt relief options is combating the significant misconceptions about debt issues and bankruptcy. […]
Mortgages in Bankruptcy: How Secured Debt is Handled in a Bankruptcy
Mortgages in bankruptcy can be discharged, but the lien remains absent specific circumstances When considering bankruptcy, many people ask to leave their mortgage out of the bankruptcy. This is not possible; you must include all your debts. However, a mortgage is treated differently than your credit cards or personal loans, it is secured against property. […]
Small Business Video #2 – EIN
Take a look at the second video in our video series about setting up your new business. Your Employment Identification Number (EIN) is an important part of your business. It is your business’s social security number. You will use this EIN with the Internal Revenue Service, banking institutions, and may other entities. It is […]
Top 4 Reasons Not to Ignore Tax Debt
Tax Debt: A Debt Not to Ignore Owing taxes may not seem like a big deal. Tax debt is not immediately reported on your credit and the IRS seems to only send collection letters. While it is true, the Internal Revenue Service (IRS) is not usually aggressive the first year you owe traditional income taxes, […]
Small Business Video #1 – Choosing the Right Name and Business Structure
Take a look at the first video in our video series about setting up your new business. It is important to set up your business properly; your business structure will dictate what protections you do or do not have. There can be legal and tax consequences to the way you start your business. It […]
How to Handle Garnishments: Options to End Creditors Collection Efforts
Garnishments are just one way that a creditor can try to collect on a judgment. If you are facing a garnishment, you should understand your options. Understanding how to handle garnishments can save you time and money. Garnishments are a scary thing. A creditor wants to take money out of your paycheck or your bank […]
IRS Circular 230 Notice. In accordance with Internal Revenue Service requirements, this is to inform you that any information on this website that could be construed as United States tax advice is not written or intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed on this website. See IRS Circular 230.