Self-employed professionals and business owners may not have tax withheld from their pay. If you must make estimated tax payments, missing one or paying too little can result in a penalty. Pennsylvania provides safe harbors that may help you avoid one. When can...
Planning for what happens to your property after your death involves more than deciding who should receive it. Depending on how you structure your estate plan, you may need to understand the different people responsible for carrying out your wishes and managing...
Divorce can be hard, but couples do not always need to go to court to settle things. They can opt for a collaborative divorce. In this process, both spouses and their lawyers work together outside the courtroom. The goal is to agree on issues like property, money,...
Running a business means keeping an eye on more than revenue and operating costs. Tax obligations also require planning, especially when income is not subject to regular paycheck withholding. For many business owners, that means paying taxes during the year rather...
Divorce is a significant life transition, but a collaborative approach can help Pennsylvania parents handle it with more respect and less conflict. In a collaborative divorce, the spouses and their professional team work together outside of court to resolve custody,...
Retirement accounts and pensions are often among the most valuable assets a couple owns. If you are going through a divorce in Pittsburgh or elsewhere in Pennsylvania, you may wonder whether these assets will be divided and how that process works. Understanding the...
The Internal Revenue Service (IRS) often conducts audits to verify that the information reported on tax returns is accurate and complies with federal tax laws. During the process, the agency may review your income, deductions, credits and other financial records to...
A divorce certainly can affect an inheritance that you have already received from your parents, as it may be one of the more substantial financial assets that you own. But exactly how it is addressed will depend on a number of factors. For one thing, your inheritance...
When you decide to divorce your spouse in Pennsylvania, you need to file a complaint with the court. Along with your complaint, you have to attach a Verification and a Notice to Defend and Claim Rights. This alerts the court to your intent to file for a divorce and...
Picture this: Your business partner of many years passes away unexpectedly. Within weeks, you're sitting across the table from their spouse, who now owns half your company and wants either a quick payout or a say in how things run. You never planned for this...
