When parents separate, questions about medical insurance for children often arise. It is important to understand whether your child can stay on your insurance plan even if you do not have custody. Be sure to understand all of the factors that influence this situation....
Starting a business in Pennsylvania involves choosing the best business structure for your situation. The Small Business Administration (SBA) says that a limited liability company (LLC) is often a good choice for business owners with personal assets to protect. All...
Divorce, often portrayed as a tumultuous and contentious process, does not have to be a battleground. Navigating this challenging chapter with grace and understanding can reduce animosity between you and your spouse. At times during your divorce, you may feel...
As a business owner, you should keep your records organized and updated with any recent changes in your management, operations or similar business aspects. This includes updating your employment contracts. A misconception about employment agreements is that they are...
After decades of unwavering advocacy to codify same-sex marriages, the United States Supreme Court finally legalized the unions in 2015. Fast forward to today, same-sex married couples enjoy the same legal right to divorce as straight-married couples. Looking at the...
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...
Wills and trusts are two components of an estate planning strategy. While many Pennsylvania residents have straightforward wills that leave everything to their surviving spouse or children, trusts take more effort to create and perhaps manage. Estate planning The...
