When Pennsylvania residents pass away without a will the state decides how to distribute their assets. For single people, this may mean distant family members come forward to claim the property. But on the other hand, it can also mean the state receives the assets. An...
Pennsylvania allows collaborative divorce, a process by which you and your spouse draft a divorce agreement together. When a married couple can negotiate the terms on their own, the judge doesn't need to make decisions for them. You could avoid an expensive court...
When Pennsylvania couples go through a divorce, the relationship doesn't always stay amicable. However, when that couple has children, both parties typically realize that it’s important to work together for the good of their kids. There are some basic steps that you...
The 1031 exchange could offer qualifying Pennsylvania residents a significant tax break. The tax break could go to those who sell investment properties or businesses, but the taxpayer must meet the requirements necessary to receive the tax benefit. Elements of the...
Teens in Pennsylvania might need to file tax returns. They must file if they have made over $1,250 in unearned income or over $13,850 in earned income. The thresholds may change based on the tax year, so always check the current limits. Tax refund Some teens may be...
A Pennsylvania breach of contract occurs when someone fails to honor a legally binding agreement that they signed. The purpose of a contract is to establish the conditions and terms of a business agreement. The assumption is that all parties involved will uphold their...
Companies in Pennsylvania and throughout the United States have the option of paying dividends to their shareholders. A dividend is a portion of a corporation's after-tax income that is distributed externally as opposed to being reinvested in the firm itself. While...
When you're going through a divorce in Pennsylvania, you have a lot of things to worry about. Whether you have children or not, you could use some tips to make the process go more smoothly. Consider some of these tips if you're thinking about ending your marriage. Top...
If you have received an audit notice from the IRS in Pennsylvania, you may be wondering how to prepare for the process. Dealing with the IRS can be a stressful experience, but with the right approach, you can navigate the process effectively and minimize your chances...
For Pennsylvania business owners, succession planning is critical for ensuring the continuance of their enterprises. It helps owners to transfer their business interests to the next generation with as little disruption as possible while also helping to minimize tax...
