Taxes

    • Bankruptcy During Tax Time—Can You Keep Your Refund?

      Bankruptcy During Tax Time—Can You Keep Your Refund? For many taxpayers, an annual refund is an important part of financial planning for the entire year. This can make it difficult to plan for bankruptcy. Tax refunds can be an asset subject to the liquidation powers of the bankruptcy court. However: with careful planning, a tax refund can be protected from the bankruptcy court, ...

      www.kcarplaw.com- 11 readers -
  • Who Gets to Claim the Child Tax Credit in a Divorce: Oregon & Washington Divorce

    … Who Gets to Claim the Child Tax Credit in a Divorce: Oregon & Washington Divorce April 7, 2016 by BrasierLaw Who Gets to Claim Child Tax Credit in an Oregon or Washington Divorce Just as the cherry blossoms and tulips arrive in Oregon and Washington, so do the questions about taxes. At this time of year, the question of taxes…

    Brasier Law- 21 readers -
  • The Right of Election and Tax Apportionment

    …The Effect of a Spousal Election on a Tax Exoneration Clause: “A Rejection with an Exception” Introduction: When a decedent passes away, his estate bears either federal or state estate taxes.[1] In the United States, a decedent spouse is entitled to gift everything they own to their surviving spouse free of any taxes.[2] Generally, in New York…

    Thomas Tyrrell/ QT | Quinn & Tyrrell- 14 readers -