Ask any divorced parent and they will tell you that one of the most stressful times of the year is the time leading up to Christmas and other end-of-the-year holidays, due in part to a time-sharing agreement that was established months or even years in advance. Divorced parents have a lot to consider in the
Read MoreMonthly Archives: November 2016
What’s the difference between income tax negligence and fraud?
While it might seem strange to be talking about the much-dreaded chore of doing your taxes with Thanksgiving only days away, it actually won’t be long until many people find themselves camped out in front of their computer or at their kitchen table trying to make sense of a myriad of arcane tax regulations. Given
Read MoreHow taxpayers can find much-needed relief via an offer in compromise – II
When a person enduring serious financial troubles receives a letter from the Internal Revenue Service demanding payment for a past-due tax debt, it can prove to be incredibly distressing. That’s because unlike the typical creditor, the IRS has both vast resources and significant enforcement options at its disposal. As we discussed in an earlier post,
Read MoreIs an ‘agreed divorce’ right for you? — III
Over the last month, our blog has been examining the agreed divorce process here in Tennessee, which allows spouses who concur on all points and who otherwise satisfy certain requirements (i.e., no kids under 18, no jointly-owned real estate, no retirement accounts) to secure an expedited split. Indeed, in our last post on this topic,
Read MoreIs an ‘agreed divorce’ right for you? — II
In a previous post, we discussed how the law here in Tennessee provides for a simplified dissolution of marriage process known as “agreed divorce” in recognition of the fact that not all divorcing couples have been together for years, raised a family and/or accumulated sizeable assets. To recap, the process enables those spouses who agree
Read MoreA closer look at how the SSA determines disability – II
In a previous post, we started discussing how even though it can understandably prove to be very distressing from a financial perspective to be diagnosed with a serious illness or life-changing injury, those in this situation can derive some comfort from the knowledge that they may be eligible for benefits via the Social Security Administration’s
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