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
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Taxes
Countdown for Tax Reform: How It May Affect You
Just before Christmas last year, Congress passed and the President signed a major tax reform package that contained a surprising wrinkle. It abandoned a decades long provision that permitted payors…
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The Tail that May Not End
Every year, both in April and in October, divorce lawyers face a dilemma. While April is the official tax deadline, just about everyone knows that “complex” returns are almost never…
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YOUR 1040 JUST TURNED INTO A POST CARD; BUT TAXPAYERS BEWARE
Congress has been crowing about tax simplification for years. They had a one-page income tax return in 1913 when the first modern return was published by the IRS. But even…
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TAX REFORM IS GOING TO YIELD SOME REAL ESTATE “BLUES”
Lots of electronic ink has been spilled this week on winners and losers coming out of the Tax Reform Act passed on December 20. Much of this is fairly speculative…
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ALIMONY ABOUT TO EXPERIENCE AN UNTIMELY DEATH
As this is written, the House and Senate this week are scheduled to vote upon a conference report of both houses of Congress which will “reform” tax law in a…
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Big Divorce Change: First Draft of House Tax Reform Bill
Any American with a pulse knows that 2017 was to be the first overhaul of U.S. Tax Law since 1986. Until this week, what was circulating through Washington was an…
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Same Sex Common Law Marriage Established by Superior Court
Since the striking down of the Defense of Marriage Act by the United States Supreme Court, many state courts have been trying to fill in the legal vacuum created between…
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Reverse Mortgage Redux
This is not a money management blog but what we increasingly find is that many divorce clients simply “trusted” that their resources would be sufficient to carry them through retirement.
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Same-Sex Common Law Marriage Declared in Bucks County Case
Up until about two years ago, a good portion of questions which came through this blog were questions about common-law marriage. Usually, it was someone asking whether or not they…
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