by Sandra Mertens | Mar 23, 2020 | GCK on Law
The novel coronavirus, also known as COVID-19, has kept millions of people across the country in their homes, caused thousands to be laid off, and affected virtually every aspect of our lives. Each day, the government announces new endeavors to aid those affected by...
by Sandra Mertens | Mar 12, 2020 | GCK on Law
On December 20, 2019, Congress enacted the SECURE Act, which stands for “Setting Every Community Up for Retirement Enhancement Act of 2019.” P.L. 116-94, Division O. The Act aims to expand and preserve retirement systems, simplify complex rules, and make retirement...
by E. Philip Groben | Mar 5, 2020 | GCK on Law
Section 366 of the Bankruptcy Code gives debtors and debtors-in-possession protection against post-petition disconnection of services through providing utility providers with an ‘adequate assurance’ of payment. Subject to other provisions of the Bankruptcy Code,...
by Matthew Gensburg | Feb 25, 2020 | GCK on Law
The question of whether a bankruptcy court has jurisdiction to enter money judgments on non-dischargeable debts has resulted in divergent opinions. These divergent opinions can be categorized as either the “expansive approach” or the “limited jurisdiction approach.”...
by Sandra Mertens | Feb 17, 2020 | GCK on Law
FBAR penalty litigation has frequently been in the news recently, suggesting that the IRS is either (i) increasing its efforts to collect and assess FBAR penalties more than ever before, or (ii) seeking successful outcomes from “test cases” before beginning a new wave...
by Sandra Mertens | Feb 10, 2020 | GCK on Law
On September 6, 2019, the IRS published the new “Relief Procedures for Certain Former Citizens” who wish to come into compliance with their U.S. income tax and reporting obligations without being taxed as a “covered expatriate” under section 877A of the U.S. Internal...
