This weekend brought a report from an outlet called BGR Media about the child tax credits that are due to start hitting bank accounts in the next few weeks.  This child tax credit, unlike all its predecessors, is being paid to eligible recipients in advance; typically, at the rate of $250-$300 a month depending

There is hope that the plague is behind us.  Pestilence is on its way either in the form of a lantern fly or the return of the cicada after 17 years of peace.  For the divorce lawyer and his friend in crime, the accountant, there is another crisis emerging.  It’s the war over who gets

On November 23, 2020, we posted about the legal deductibility of expenses paid in 2020 with funds borrowed through PPP (Paycheck Protection Program) loans guaranteed by the government and subject to discharge as debts once it was shown that the loan proceeds were used to pay payroll and other approved expenses.  If you owned a

There are still things to discover about the 2017 Tax Reform passed by Congress late in that year.  The bar and the accounting community have spilled lots of ink over the changes to the law affecting alimony and many other lesser issues.  One of those issues is the temporary disappearance of the longstanding dependency deduction/exemption.  

I attended a seminar offered by accountant, Mitchell E. Benson, CPA, MT, CFF (Savran Benson LLP), Brian C. Vertz, Esquire (Pollock Begg) and Aliah Molczan (Savran Benson LLP) on July 9, 2020.  One of the topics discussed was the Payroll Protection Plan (PPP) loans, which were distributed in the second quarter of 2020 to allow

March 6 was the Emergency Declaration from the Governor.  March 19 was the stay at home order.  In the meantime, since March 15, a record 1.5 million Pennsylvanians have applied for unemployment.  That’s an average of 300,000 per week in contrast to roughly 10,000 a week before the crisis hit.  With the statewide shut down,

If you are watching the news today, (3/24/20) you have some impression of what New Orleans must have been like in the hours before Hurricane Katrina hit.  The Coronavirus storm is hitting New York City and the lower counties with a fury.  The numbers are rising fast throughout our region as well, although New York

In the perhaps “too many years” I have been reading and reporting on family law cases, there are times when a reported case inspires a collective shrug from the family law bar.  One prominent example is Beasley v. Beasley, a case that held that because a law firm was owned by a single lawyer,

Readers of this blog understand that, in the end, divorce is a financial transaction.  It is a process imbued with enormous emotional consequence.  People marry and have children hoping and often expecting the best.  We know it does not always turn out that way, and along the way, people turn to lawyers to develop a