An accountant and a tax attorney can both help you when it comes to your financial standings; that being said, it is necessary to know the difference between the two. With Tax Day in April, it is important to keep a mindful eye of some key details when dealing with those who would help you
Read MoreWhy You should be Cautious On Social Media if you’re on Disability
Sources say that the federal government has been attempting to use social media in order to find people who have been fraudulently receiving disability payments. As such, it might be wise to ensure that your Social media profiles on websites such on Facebook, Twitter, or Instagram are consistent with your disability status. The United States
Read MoreDon’t Forget To Talk About College Planning For Children During A Divorce
College Planning For Children During A Divorce Are you getting divorced? Don’t forget to talk about and plan for how you will pay for your children’s college. You can learn more @ www.cnbc.com (CLICK KERE) Divorce and remarrying can have an impact on financial aid eligibility, and some schools will require financial information from both
Read MoreI have been contacted by the police, should I speak to them without a lawyer?
Answer – NEVER talk to the police without consulting with an attorney first. Do I need a lawyer? If the police are asking you questions but you have not yet been charged with a crime – then it is time to hire a criminal defense lawyer. Hiring a lawyer before an arrest will often times
Read MoreIf I Can’t Pay My Taxes Should I Still File My Tax Return?
The short answer is YES – you should still file your return. If you cannot pay the full amount of the taxes you owe, you should still file your return by the deadline and pay as much as possible to avoid penalties and interest. You can learn more HERE. The penalty for NOT FILING your taxes can be much greater than for not
Read MoreNew Tax Laws Will Affect Spousal Support
In 2019 spousal support will not be a tax deduction. There may be time to finalize your divorce this year to maintain the benefit. A common alimony deduction will be eliminated for any divorce finalized after December 31, 2018. This new law is part of the Republican tax overhaul President Trump signed into law late
Read MoreCan The IRS Take Your Home or Business If I Didn’t Pay My Taxes?
Can The IRS Take Your Home or Business? The short answer is yes. The IRS is empowered to take a taxpayer’s home or business. The Internal Revenue Service Restructuring and Reform Act of 1998 extended the privilege to seize homes and businesses. However, the Act does provide a safety net for taxpayer’s owing $5,000 or less. If you
Read MoreWhy You Should Never Make Your Children Choose Their Parental Visitation Schedule
When deciding on parental visitation, parents should leave their children out of the conversation – you can learn more HERE! There are many reasons to keep children out of this decision making process assuming we are not discussing a situation with domestic violence or mental or emotional abuse allegations. Additionally, mental health professionals agree that getting
Read MoreWhat is the difference between an agreed (uncontested) divorce and a contested divorce?
Uncontested / Agreed Divorce An agreed divorce also known as an uncontested divorce can be done when both spouses agree to divorce. Basically – you both agree on the settlement terms of your divorce without a trial or court intervention. However, you must agree on ALL terms of the divorce. An uncontested divorce is not without
Read MoreWill I go to jail for not paying my taxes?
Tax season is almost no one’s idea of a good time. This particular time of the year has the relatively unique quality of imparting extreme frustration and stress over the relatively innocuous task of filing some paperwork. Even more than that, however, is the fear that if mistakes are made, the consequences could be disastrous.
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