Tax Considerations in the Division of Marital Estate

In April, 2015 blog, I listed some areas where a forensic accountant might be hired in spousal divorce.  Today, I will explore another of those areas: tax considerations in the division of the marital estate. Before assets on a marital balance sheet are divided, one must consider that $100 of one asset may carry with
Continue Reading

Glad Tax Tidings for Family Gifts

Point of Interest Year-end tax planning is not just about income taxes (see Seven Make-or-Break Year-End Tax Moves). It can involve estate and gift taxes too. Under the annual gift-tax exclusion, you can give each family member up to $14,000 in 2015 without paying any gift tax or eroding the estate-tax exemption. The exclusion is
Continue Reading