Divorce

Getting a divorce? Be aware of tax implications if you own a business

Assets, Divorce, Federal Income Tax, Federal Taxes, Gift and Estate Tax, Small Business / By Douglas Freeman

If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of your biggest personal assets and in many cases, your marital property will include all or part of it. Tax-free property transfers. You can generally divide most assets, including cash and business ownership interests, …

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Divorcing couples should understand these 4 tax issues

Divorce, Estate Planning, Income Tax, Pension benefit, Tax, Tax Planning, Tax Rules for Selling Your Home / By Douglas Freeman

When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning and advice, some people find divorce to be an even more taxing experience. Several tax concerns need to be addressed to ensure that taxes are kept to a minimum and those important tax-related decisions are …

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Getting a divorce? There are tax issues you need to understand

Divorce, Income Tax, Qualified Domestic Relations Oder (QDRO), Tax, Tax Planning / By Douglas Freeman

In addition to the difficult personal issues that divorce entails, several tax concerns need to be addressed to ensure that taxes are kept to a minimum and that important tax-related decisions are properly made. Here are four issues to understand if you are in the process of getting a divorce. Alimony or support payments. For …

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Check on your refund — and find out why the IRS might not send it

2018 Tax Return, Divorce, Federal Income Tax, Federal Taxes, Form 8379, Individual Income Tax, Internal Revenue Service, Refund / By Debbie Davis

It’s that time of year when many people who filed their tax returns in April are checking their mail or bank accounts to see if their refunds have landed. According to the IRS, most refunds are issued in less than 21 calendar days. However, it may take longer — and in rare cases, refunds might …

Check on your refund — and find out why the IRS might not send it Read More »

Divorcing business owners need to pay attention to tax implications

401K, Assets, Divorce, Federal Income Tax, Gift Tax, Income Tax, IRA, Tax / By Douglas Freeman

If you’re getting a divorce, you know it’s a highly stressful time. But if you’re a business owner, tax issues can complicate matters even more. Your business ownership interest is one of your biggest personal assets and your marital property will include all or part of it. Transferring property tax-free. You can generally divide most …

Divorcing business owners need to pay attention to tax implications Read More »

Getting a divorce? Be aware of tax implications if you own a business

Divorcing couples should understand these 4 tax issues

Getting a divorce? There are tax issues you need to understand

Check on your refund — and find out why the IRS might not send it

Divorcing business owners need to pay attention to tax implications

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