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Blog Posts in 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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  • What to do as a Self-Employed Taxpayer with thee COVID-19 Relief funds
    What to do as a Self-Employed Taxpayer with thee COVID-19 Relief funds

    Given that the deadline to file your federal income tax return for 2019 was extended until July 15th, I wanted to spend some time today discussing those changes, what they mean now and what they may ...

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  • The tax implications of divorce
    The tax implications of divorce

    The change in tax law that has gone into affect in 2018 will see a new change in relation to spousal maintenance payments and the ability of the payor to deduct those payments. Starting in 2019 if you ...

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