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Blog Posts in Federal income taxes

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  • Is a lump sum payment in a divorce settlement taxable?
    Is a lump sum payment in a divorce settlement taxable?

    Ah, taxes . As if a divorce isn’t bad enough on its own you also have to think about the tax implications of the decisions that are made within your case. It’s definitely a situation where you are ...

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  • Is it illegal to divorce for tax purposes?
    Is it illegal to divorce for tax purposes?

    Have you ever been audited by the IRS? Maybe you own a small business and have trusted an accountant to do your taxes over the past few years, but he forgot to include some income of yours in your tax ...

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  • Does getting divorced affect your taxes?
    Does getting divorced affect your taxes?

    A tricky part of divorce that I find many people in need of answers regarding is taxes and how they relate to divorce. Many of us rely on accountants or other tax professionals to “do our taxes” for ...

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  • Can I file single if I got divorced?
    Can I file single if I got divorced?

    When it comes to stressful events and processes, I can scarcely think of a more stressful process to endure than filing taxes . Even if you have a professional in your corner to help you file it is ...

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  • Is Overtime Pay or Bonus Pay Considered for Texas Child Support?
    Is Overtime Pay or Bonus Pay Considered for Texas Child Support?

    Some of the most frequent question I get are in regard to child support such as: How much? Will I have to pay child support for over time? Can I quit my job or reduce my income to avoid paying higher ...

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