Expert Insights and Tips from Your Trusted CPA Firm
Tax Consequences of Property Division in Divorce
Splitting up your assets when you part ways with your spouse isn’t just about who gets what. There are many potential tax consequences when it comes to dividing property in divorce — and it’s important to take them into consideration when negotiating a settlement...
How to Handle Taxes for Side Hustles and Gig Work
Gig work has become increasingly popular in today’s economy. But whether you’re entirely self-employed or use your side hustle to supplement your income, it’s important to be aware that you must claim your earnings on your taxes. Meeting your tax obligations as a gig...
What Does the One, Big, Beautiful Bill Mean for Individuals and Businesses?
On May 22, 2025, the House of Representatives approved an amended version of the budget reconciliation bill, which now moves to the Senate for consideration. Also referred to as the “One, Big, Beautiful Bill,” the proposed legislation includes a variety of provisions...
Tax Consequences of Property Division in Divorce
Splitting up your assets when you part ways with your spouse isn’t just about who gets what. There are many potential tax consequences when it comes to dividing property in divorce — and it’s important to take them into consideration when negotiating a settlement...