The Tax Cuts and Jobs Act of 2018 has a number of important implications for those who are newly divorced, separated or in the process of divorcing. Perhaps the most critical change for those in that situation is that alimony payments are no longer deductible and those receiving alimony no longer have to declare that[…]
If you are considering divorce, the timing, from a tax perspective, can be crucial. Many new tax laws that have been enacted have a tremendous impact on divorcing couples, especially couples with a high net worth. And though taxes may be the last thing on your mind during this difficult and tumultuous time in your[…]
The TV series CSI popularized the field of forensics. CSI made the use of science in criminal investigations seem exciting, maybe even a little glamorous. While nobody is rushing out to make a TV show about forensic accounting (yet), the field is no less interesting. Forensic accounting sits at the intersection of business, finance, auditing,[…]
How is the new tax law going to impact your taxes? On December 20th Congress approved the Tax Cuts and Jobs Act (H.R. 1) which provides the most significant changes to the tax code in 30 years. The act will have enormous implications for every business and individual. We have included a PDF of the changes[…]
Divorce brings with it a myriad of financial changes in your life. It is critical to consult with an accountant as you go through the process to ensure that you and your attorney can negotiate important pieces of your post-divorce financial life. When we work with a divorcing individual or couple, we take a[…]