Audits are a crucial component of many companies' operations. They play an important role in ensuring the integrity of the business, particularly from a financial standpoint. Businesses who fail to meet expectations risk damaging their reputation among other...
Year: 2020
Can you protect your child’s inheritance in divorce?
Though Pennsylvania, like all other states, divvies up assets based on marital and separate status in divorce, it does offer protections for inheritances. Typically, so long as the beneficiary spouse does not commingle the inheritance with marital property, the...
The connection between divorce and career
The consequences of divorce can create lingering effects in many areas of a person's life including his or her relationships, health, financial and retirement planning, and career path. People who recognize the potential of their divorce damaging their career and...
Issues stemming from the loss of a job during a divorce
Bringing a marriage to an end is tough for different reasons. Whether you are struggling with difficult emotions due to your marriage falling apart, have anxiety over child custody or another family law matter, it is understood that many people face immense pressure...
How to take advantage of the latest tax law changes
The good news: In 2020, you have until July 15 to file your tax returns. The bad news: Tax laws have changed again and are as complicated as ever. More good news: Some changes may save you and your family money. More bad news: First, you have to understand them....
What are the essential components of an equipment lease?
Equipment Leases Equipment that is essential to business operations often come with hefty price tags that run into the millions to billions of dollar range. Because of this, more than 80% of American companies lease equipment rather than purchase it outright,...
Regular updates to an estate plan preserve intentions
When people begin coordinating an estate plan for their future, they may feel pleasantly comforted knowing that their intentions are preserved and that their family members know exactly what to do after their death. However, a common misstep that people can sometimes...
Is a living will right for you?
While planning your estate, the idea of making a living will may occur to you. However, for many people, it is not always obvious what exactly a living will is, or how it can helpful for your beneficiaries if you are unresponsive or even in a coma. The presence of a...
How does custody work for adopted children?
In general, the same rules apply to adopted children and biological children during divorce. This is typically true if you adopted your spouse's biological children, if you went through the process together while married or even if you have a more complicated...
IRS conflict and the Taxpayer Bill of Rights
Taxes are an inescapable part of life. For most people, filing taxes represents a minor inconvenience on a yearly basis. However, conflicts with the Internal Revenue Service may arise. These may be more likely if you have a complicated financial situation, such as...