[ad_1] The IRS has a statute of limitations for collecting taxes or issuing refunds, which may vary depending on the situation. Generally, taxes owed must be collected within 10 years, while refunds can be claimed within 3 years of filing. Tax laws are complex and subject to change, so it’s best to consult an accountant […]
[ad_1] Statutes of limitations for personal injury vary by jurisdiction and type of claim. They prevent lawsuits from being filed too long after an injury, but the clock may start after the damage is discovered. It’s important to understand the process on a case-by-case basis and to act quickly in areas with short statute periods. […]
[ad_1] A malpractice statute of limitations sets a time frame for filing a lawsuit against a malpractice attorney, but the clock’s start time can be difficult to determine. Each jurisdiction has a different time limit, and tolling may affect it. Consulting an experienced malpractice attorney is crucial to assess the case’s validity and protect it […]
[ad_1] Oral contracts may be binding in some cases, but in the US, the statute of fraud requires certain agreements to be in writing. This includes marriage contracts, land transfers, and contracts involving property sales. The contract must include all parties’ names, the purpose of the agreement, and the terms agreed upon. All parties must […]
[ad_1] Discrimination lawsuits have a statute of limitations that varies depending on the situation. The EEOC must be notified within 180 days, or 300 days if a state or local law is violated. Companies may have their own internal process, and state and federal employees must file an internal grievance before contacting the EEOC. It […]
[ad_1] Legal systems can be common law or statutory law. Common law relies on court precedents and allows judges to interpret and make laws. Statutory law relies on laws made by the legislature. Most of Europe uses statutory law, while common law is used in England and former British colonies. Some countries use both systems […]
[ad_1] The debt collection statute of limitations limits the time a creditor or collection agency can legally pursue a balance owed. The length of time depends on individual contractual arrangements and governmental law. Some debts, such as student loans and taxes, are not included in the statute of limitations. Unpaid balances can negatively impact credit […]