Articles from Shenwick & Associates

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Organizing at Work

Submitted by Anonymous (not verified) on Sun, 01/19/2020 - 05:57

This week we heard from Dan Loya at Spaces Transformed.  Dan gave a talk and a couple of comments that I had on this  important topic are below:

Bailout Up to $500 Million Proposed for Taxi Drivers Trapped in Loans New York Times 1/16/20

Submitted by Anonymous (not verified) on Thu, 01/16/2020 - 20:39

Bailout Up to $500 Million Proposed for Taxi Drivers Trapped in Loans

The proposal is the most far-reaching step taken in response to a Times investigation into exploitative practices in the industry.

New York Times Article
Bailout Up to $500 Million Proposed for Taxi Drivers

A high-level New York City panel appointed by Mayor Bill de Blasio and other officials intends to propose a bailout for thousands of taxi drivers trapped in exploitative loans that could cost as much as $500 million, several panel members said this week.

Negotiations a Primer

Submitted by Anonymous (not verified) on Mon, 01/13/2020 - 23:24

Shenwick & Associates website

Submitted by Anonymous (not verified) on Sun, 01/05/2020 - 06:25

Visit our new website at: https://sites.google.com/site/jshenwick/home

Retirees owe $30,000 or more in student loans

Submitted by Anonymous (not verified) on Thu, 01/02/2020 - 19:22

Why student loan debt is ballooning for those 50 and upFrom: USAToday.comBy: Susan Tompor  Detroit Free Presshttps://www.usatoday.com/story/money/2019/12/29/retirees-student-loans-debt/2769065001/

Abating (remove or eliminate) IRS Tax Penalties

Submitted by Anonymous (not verified) on Thu, 12/19/2019 - 22:51

Many clients have contacted us regarding the discharge of taxes in bankruptcy,
offers in compromise and installment agreements with IRS and recently  penalties
assessed by IRS.

The IRS offers 3 types of penalty relief:

1. Reasonable Cause-this appears to be our best chance  to abate penalties
2. Administrative Waiver and First Time Penalty Abatement
3. Statutory Exception for example a taxpayer  got bad advice from IRS

The Epic Rise and Hard Fall of New York's Taxi King from the New York Time

Submitted by Anonymous (not verified) on Fri, 12/06/2019 - 17:45

The Epic Rise and Hard Fall of New
York's Taxi King
By Brian M. Rosenthal
.
Dec. 5, 2019

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