A California couple is liable for a $125,000 state income tax bill after the Office of Tax Appeals held they mischaracterized debt relief they received in exchange for interest in two companies.

The couple didn’t meet their burden of proving error in the state’s computation of the amount realized on the sales, Administrative Law Judge Eddy Y.H. Lam wrote for the panel in a nonprecedential opinion posted Tuesday.

Thomas and Susan Utman sold their one-third membership interest in a partnership called Newport Marina LLC to another LLC member in exchange for indemnification from liabilities the company owed under a loan …

New York, Sept. 03, 2025 (GLOBE NEWSWIRE) — New York, New York – September 03, 2025 –

Debt Support National has introduced a wide range of debt relief programs aimed at helping people achieve financial stability. The company is committed to helping consumers manage their debts effectively by providing various tools and resources. With these new programs, Debt Support National aims to build confidence in dealing with financial challenges.

At the core of their service, a team of specialists offers personalized consultations to get to know each individual’s needs and suggest the best debt relief options. Many people are still grappling with financial difficulties, and Debt Support National is keen on offering customized…

Australians who lost more than $1 million on prepaid “dream” holidays have been told not to expect to see their money again.

Melbourne-based agency Traveldream — registered as Australian Travel Deals Pty Ltd and known for selling discounted flights, cruises, and international tour packages — collapsed in April and went into voluntary administration.

A new administrator’s report has revealed Traveldream paid another Melbourne-based company, My Travel Experience (MTE), about $1.22 million to secure flights, accommodation and tours for customers. 

However, MTE failed to pass the money on to suppliers and has now gone into external administration itself, leaving customers with little chance of recouping their losses.

Raise your hand if you’ve ever found yourself staring at a shopping cart full of supplies and thinking, “I can’t afford this—but she HAS to have the glitter gel pens or her childhood won’t be happy…” (Are we all raising our hands? That’s what we thought.)

According to NerdWallet’s 2025 Back-to-School Shopping Report, a whopping 56% of parents say back-to-school season is financially stressful on their families. Parents of K–12 and college students plan to spend an average of $741 this year—$200 more than last year—on everything from clothing to books. And while many will use credit cards or debit cards to cover the costs, more than half admit they’d go into debt to ensure their child can fit in socially or…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.

This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2. Choose “App Settings” from the menu

3. Turn on the option “Links Open Externally” (This will use…

She said it was “unfair” for the business to withhold holiday pay entitlements.

“Our employer refuses to pay us what we are owed.”

She wanted to highlight the situation to warn others and “hopefully prompt the business owners to do the right thing”.

The Bay of Plenty Times agreed not to name the former staff, who left over six months for various reasons.

They claimed they were collectively owed at least $16,000 in holiday pay, and that numerous attempts to engage with their former boss had been “ignored”.

The complainants said they learned, in a letter from the Donaghys, that the business would be offered for sale.

One complainant said she was handed the letter two weeks after resigning.

“I felt very confused, blindsided….

MONTREAL — The Quebec government wants a judge to declare insolvent the North American branch of Swedish battery manufacturer Northvolt, as the province attempts to recoup some of its losses on a failed electric-vehicle battery project.

Documents filed in Quebec Superior Court on Tuesday say that Northvolt Batteries North America owes more than $260 million on a government loan that allowed the company to buy land near Montreal to build a $7-billion battery plant.

The government wants the…