2020 saw Americans changing where they live and work at a dizzying speed. More people are working remotely from different states and seeing income tax issues. Some sectors, such as the entertainment industry, are already dealing with income tax issues. How does having...
Year: 2021
Pennsylvania estate taxes
When coming up with an estate plan in Pennsylvania, one of the main issues to tackle is taxes. You need to know how much the state or federal government will take when your beneficiaries receive your estate. Here's a look at estate taxes that may apply in your estate...
Can you address credit card rewards during a collaborative divorce?
Even though you and your spouse are heading for a divorce, you may not want to have a long court battle. If the two of you can work together to find common ground, you may be able to proceed with a collaborative divorce. When you are in settlement negotiations, you...
Considerations for business startups
Residents and new businesses in Pittsburgh and other nearby areas of Pennsylvania should be aware of legal requirements that come with starting a new business. You want to be sure that you are ready to begin a growing business. According to Nerdwallet, you do not want...
Can you get insurance for divorce?
Couples in Pennsylvania do not usually plan for a divorce when they begin their marriage, but if it does come, it might have a significant effect on their financial situation. However, while couples cannot usually just take out an insurance policy against the...
What common tax problems do filers sometimes face?
Taxpayers often hope their returns process swiftly and without any problems. Unfortunately, not every federal return filed by a Pennsylvania resident avoids problems. Some issues could be minor ones that end up resolved without much trouble. Then, some taxpayers find...
When should you review your estate plan?
Once you have completed your estate planning, that does not mean you never have to think about it again. Oftentimes, there are circumstances that call for you to make modifications. Taking the time to review your estate plan can prevent complications down the road....
4 Estate planning tips in Pennsylvania
The future is always so uncertain, but we can put ourselves in a position where no matter what happens, our families and our assets will always be protected through estate planning. If you live in Pennsylvania and have a family and any assets to your name, then you...
Considerations for gray divorce
Divorce is difficult at any age, but divorcing after 50, or gray divorce, can have its own set of issues. Residents of Pennsylvania who have decided to end their marriage should be aware of the considerations of gray divorce before taking the first step in the...
Prepping for a tax audit may help keep you calm
A tax audit is when the IRS wants to ensure that an individual or organization's financial information is in line with what they've reported on their tax forms. If you've been called in for an audit in Pennsylvania, you may be feeling a bit nervous. By making sure...