2018 was a momentous tax year for family lawyers. Congress changed all the rules and the ones abandoning the tax exemption for alimony came as a special surprise. All of
Continue Reading Rushing the Divorce Decree for Tax Reasons? Relax!
Taxes
CONVEYANCES OF MARITAL PROPERTY INTO TRUSTS Superior Court Holds Such Gifts May Be Fraudulent
By Mark Ashton on
The Superior Court issued a non precedential decision on September 21 grappling with a question that has lingered since Pennsylvania adopted equitable distribution forty years ago. What happens to transfers…
Continue Reading CONVEYANCES OF MARITAL PROPERTY INTO TRUSTS Superior Court Holds Such Gifts May Be Fraudulent
THE TRUMP ORGANIZATION INDICTMENT & ITS FAMILY LAW ORIGINS
By Mark Ashton on
This will not be a political piece. There are enough of those. But as just about everyone knows, on July 1 the New York attorney general and district attorney indicted…
Continue Reading THE TRUMP ORGANIZATION INDICTMENT & ITS FAMILY LAW ORIGINS
THE ILLUSORY TALE OF THE BIDEN TAX CREDIT
By Mark Ashton on
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…
Continue Reading THE ILLUSORY TALE OF THE BIDEN TAX CREDIT
DANTE’S DEDUCTION: Or Did You Mean A Credit?
By Mark Ashton on
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…
Continue Reading DANTE’S DEDUCTION: Or Did You Mean A Credit?
ARM WRESTLING OVER THE DEPENDENCY EXEMPTION?
By Mark Ashton on
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…
Continue Reading ARM WRESTLING OVER THE DEPENDENCY EXEMPTION?
Defining Net Income for 2020 is Going to Be “A Problem”
By Mark Ashton on
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…
Continue Reading Defining Net Income for 2020 is Going to Be “A Problem”
CARES Act Check Garnished if Child Support Owed
By Aaron Weems on
Pennsylvania has a host of ways to recover delinquent child support ranging from seizure of bank accounts, gambling winnings, personal injury awards, and the sale proceeds of a home, to…
Continue Reading CARES Act Check Garnished if Child Support Owed
FINANCIAL INFIDELITY: CHAPTER 2
By Mark Ashton on
As I started this, it occurred to me that I had been to this topic before. Last April 19 I reported on a story published by PBS about spouses who…
Continue Reading FINANCIAL INFIDELITY: CHAPTER 2
TAX REFORM + 2: WHAT DOES IT MEAN & WHERE DOES THE AVERAGE JOE STAND?
By Mark Ashton on
Since the most recent tax reform was adopted in December 2017, this writer has been wondering what it really meant to average people. My averages will be a bit on…
Continue Reading TAX REFORM + 2: WHAT DOES IT MEAN & WHERE DOES THE AVERAGE JOE STAND?