Articles and News
The Affordable Care Act and Taxes--What New for 2015
Affordable Care Act, Taxes, Fines and Employer Mandates
Alabama Flax Tax Proposal--Vote Delayed
Vote on proposed Alabama Flat Income Tax has been delayed.
Preventing Divorce
The number one cause for divorce is not adultery, but finance-related tensions.
Alabama Tax Credits Bill
Alabama has passed into law the most impressive set of economic development tax credits in decades.
IRS Tax Liens
There is a way to make tax liens disappear from your credit reports completely, and quickly, though. Unfortunately, not all taxpayers who are dealing with this problem know about it.
Division of Assets & Taxation in Divorce
When couples divorce, property transfers and alimony payments will usually result in a substantial tax impact to the parties.
Missed Individual Tax Deductions
I have provided 5 often overlooked tax deductions that just might save you real money on your taxes this year.
Taxation of Irrevocable Trusts
As we approach another tax season, an area of taxation that can be complicated for taxpayers involves the tax treatment of irrevocable trusts.
IRS Offer In Compromise
An offer in compromise allows you to settle your tax debt for less than the full amount you owe.
Real Estate Investment Trusts Tax Benefits
An individual who can qualify as a “real estate professional” for federal tax purposes enjoys some unique tax benefits.
Drafting QDROs in Divorce
This post provides guidance for the process of drafting domestic relations orders that qualify as QDROs in a divorce.
IRS Foreign Bank Account Disclosure
The IRS has announced updated procedures for taxpayers to file overdue FBAR (Foreign Bank Account Report) foreign account disclosures.
Alabama Sales Tax on Successor
Most states maintain some sort of successor liability provision in their tax statutes.
Home Office Tax Deduction and Safe Harbor
Self-employed individuals and employees who work out of their home are allowed to deduct business expenses relating to part of their home.
Dividing Retirement Plans & IRAs in Divorce
In many divorces, retirement plans are the parties’ most significant asset.
Alimony in Alabama
There are two general kinds of alimony in Alabama divorces, one referred to as "periodic alimony" and the other referred to as "alimony in gross").
Tax Treatment of Retirement Assets and Pension Benefits
Pension benefits and retirement savings often constitute a client’s most valuable assets, and are viewed as a safety net.
Alabama Intestate Law
When a person dies intestate, the Alabama laws of intestacy will kick in to provide for distribution of the intestate decedent’s assets.