As tax day is around the corner, Mark Ashton, a partner in our Exton, Pennsylvania office, and a contributor the firm’s Pennsylvania Family Law blog, wrote a timely post
Continue Reading Read Mark Ashton’s Timely And Topical Post Entitled “Tax Time”
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As tax day is around the corner, Mark Ashton, a partner in our Exton, Pennsylvania office, and a contributor the firm’s Pennsylvania Family Law blog, wrote a timely post…
Continue Reading Read Mark Ashton’s Timely And Topical Post Entitled “Tax Time”
As tax season is upon is, the issue of whether to file joint returns is upon us as well. i previously blogged about the topic of innocent spouse relief and…
Continue Reading A REMINDER ABOUT THE ILLUSION OF "INNOCENT SPOUSE" RELIEF
More often than not, a matrimonial law attorney is not a C.P.A. More often than not during the process of a case, a client will ask the advice of their attorney, “How should I/we file tax returns this year?”
The answer is and should be first and foremost a reference to a C.P.A. A qualified C.P.A will be able to look at a divorcing couple’s entire financial picture, including their past and advise as to how to best file the final tax return in a way to minimize the taxes due.
What happens when one party does not want to file a joint return because of concerns regarding tax liabilities or even worse, penalties? The recent unpublished Appellate Division decision of Hreha-Coloccia v. Coloccia, A-3892-07T1, decided September 2, 2009, gives some guidance in this regard.Continue Reading The Filing of Tax Returns During a Divorce
The process for seeking Innocent Spouse Relief, a provision for individuals concerned about the accuracy of tax returns filed by their current or former spouses, has become a potential minefield.
Continue Reading Innocent Spouse Relief – New Form has Traps for the Unwary