Vermont Law School continues FEMA assistance for residents

first_imgVermont Law School,Vermont Law School’s Land Use Clinic and South Royalton Legal Clinic are continuing to help residents to fill out FEMA applications for Tropical Storm Irene-related damage from 5 p.m. to 8 p.m., Tuesday through Friday in the VLS Library. The South Royalton Legal Clinic also will provide civil legal assistance. For more information, call 802.831.1028. Residents should bring their Social Security number, address, contact telephone number, insurance information, total household income, bank routing and account information (if they want FEMA funds directly deposited into their bank account) and a description of losses caused by the disaster. If residents need additional legal advice, VLS volunteers will put them in contact with someone who can assist them. VLS faculty and student-clinicians are available to talk to the media about their relief efforts. VLS 9.6.2011last_img read more

Mayweather asks IRS for temporary reprieve

first_img(THE Sports Xchange) – Undefeated boxer Floyd Mayweather goes by the nickname ‘Money’ but a lack of cash prompted him to file an appeal with the IRS regarding overdue taxes.Mayweather filed a tax court petition on July 5, asking the IRS to grant him a reprieve and allow him to pay his taxes after he is paid for next month’s bout vs mixed martial arts star Conor McGregor.The 40-year-old Mayweather is coming out of retirement to face McGregor on August 26 that could net the boxer a nine-figure payday.The IRS wants Mayweather (49-0) to pay his taxes for 2015. Mayweather has earned an estimated $700 million in his career, Forbes Magazine reported, including a staggering $220 million from his much-hyped fight against Manny Pacquiao in May 2015.“Although the taxpayer has substantial assets, those assets are restricted and primarily illiquid,” the petition by Mayweather said in a filing posting on Law360.com. “The taxpayer has a significant liquidity event scheduled in about 60 days from which he intends to pay the balance of the 2015 tax liability due and outstanding.”According to the IRS website, the penalty for failure to pay taxes is typically 0.5 percent of owed taxes for each month.Mayweather retired from professional boxing after defeating Andre Berto in September 2015. McGregor (21-3), who has never boxed professionally, defeated Eddie Alvarez at UFC 205 in November 2016.last_img read more