Court to decide whether farmers must pay tax
Court Alerts
The Supreme Court will decide whether a couple must pay taxes on the bankruptcy sale of their family farm.
The high court on Monday agreed to hear an appeal from Lynwood and Brenda Hall.
The Halls were forced to sell their family farm for $960,000 to settle their bankruptcy debts. That sale brought about capital gains taxes of $26,000. The Halls wanted the taxes treated as part of the bankruptcy, paying part of it and having the court discharge the rest.
The IRS objected to that plan, saying all of the taxes must be paid and the 9th U.S. Circuit Court of Appeals in San Francisco agreed with the tax agency.
The high court will review that decision.
Related listings
-
Toyota class action suit to start with Utah case
Court Alerts 06/10/2011The first lawsuit to go to trial in a massive class action against Toyota Motor Corp. over acceleration problems that led the company to recall 14 million cars will involve a crash that killed two people in western Utah, a federal judge said Friday. ...
-
Court: Using car to flee can be considered violent
Court Alerts 06/09/2011The Supreme Court says fleeing police custody in a vehicle can be considered a violent felony. The high court made its ruling on Thursday in the case of Marcus Sykes. Sykes was convicted of being a felon in possession of a handgun in 2008. Officials ...
-
Judge to rule if ex-pediatrician raped patients
Court Alerts 06/08/2011An ex-pediatrician accused of raping and sexually assaulting scores of his young patients over a decade will await a judge's decision after a one-day trial in which the graphic testimony moved women to tears and drove others from the courtroom.Prosec...
Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.