Matt Levitsky, an associate in our Montgomery County, Pennsylvania office wrote a guest blog for our fir’s Pennsylvania Family Law Blog entitled "Who Gets to Claim the child if there is
tax implications
Tax Treatment of Excessive Perks and Personal Expenses for Business Valuation Purposes
By Eric S. Solotoff on
The Filing of Tax Returns During a Divorce
By Fox Rothschild on
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 The recent unpublished Appellate Division decision of Hreha-Coloccia v. Coloccia, A-3892-07T1, decided September 2, 2009, gives some guidance in this regard.Continue Reading The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
Who Gets the Tax Exemptions?
By Fox Rothschild on
As April 15h quickly approaches and the pressure to get those tax returns completed and filed grows, the issue of which parent can claim a child or children as a…
Continue Reading Who Gets the Tax Exemptions?
Read Keith McMurdy's Excellent Blog Post on Civil Unions and Tax Implications
By Eric S. Solotoff on
Keith R. McMurdy, a partner in our New York office, wrote a terrific piece on Civil Unions and Tax Implications on his Employee Benefits Blog. There was reference in the…
Continue Reading Read Keith McMurdy's Excellent Blog Post on Civil Unions and Tax Implications