California’s community property system has a broad range of impacts that require careful consideration and review. For one, the community property system requires certain tax treatment […]
The Differences between Spousal Support and Child Support Payments As defined in Section 71(b) of the U.S Tax Code, alimony and spousal support payments are generally […]
Property and Divorce Transfer of Property Tax Considerations in a Divorce or Separation IRC Section 1041(a) permits divorcing or separating spouses to transfer property between themselves […]
The pension benefits that have accrued over the marriage to either party and the equity in the marital home are often the most valuable marital assets […]
The final joint tax return before a divorce finalizes will often raise the issue of how carryforward tax items, NOLs, and other items should be allocated […]
Gain from the sale of real property squarely meets the definition of gross income per IRC § 61(a)(3). The amount of gain realized is determined under […]
