Last Minute Tax Tips to Reduce Your 2017 Tax Bill [Updated]

last minute tax tips

We are almost to the end of 2017, and this year we may have some much bigger changes coming our way in 2018 than in a typical tax year. For that reason, you may want to pay close attention to this post. The reason we have so many changes coming is that Trump’s Tax Reform […]

What is the Gift Tax in NC?

Gift tax in NC

You came to this page looking for information on the gift tax in NC, and more specifically, you probably want to know some answers to the following questions: What is the Gift Tax in NC? How much money can you gift away without having to pay a gift tax? How much money or property can […]

Estate Taxes in North Carolina – Should You Worry?

estate taxes

Today I wanted to talk a little about estate taxes in North Carolina. This includes some discussion of what estate taxes are, why you shouldn’t care, and why the repeal of the estate tax is such a bad idea. Interested in learning more about gift taxes? Check out this article I wrote yesterday on the […]

Should you get divorced before the end of 2013?

If you are just starting to think about getting divorced, and you live North Carolina, then you are pretty much out of luck to get divorced in 2013, or 2014 either for that matter. The process to get divorced in North Carolina is a long one, and starts with getting separated from your spouse. Once […]

Taxes and Divorce in North Carolina – 5 Things you need to know

Taxes and Divorce have been a frequent topic of discussion during the Family Law Intensive Seminar that I attended today and yesterday in Charlotte.  In addition to taxes and divorce, there has been much discussion of business valuations, custodial evaluations, alimony experts, etc. Going to CLE’s like this always gives me lots of great ideas […]

Alimony and Taxes in North Carolina

Alimony.  Taxes.  People cringe and the thought of either of these topics, and here I am, writing about both in the same blog post.  I represent a lot of people who are either seeking alimony from their spouse or are going to have to pay alimony to their spouse.  The issue of taxes and alimony […]

How to divide a pension in a divorce?

I got a great question today in my Ask a Lawyer Section.  The question was this – “In North Carolina is a spouse entitled to half her husband’s pension? If so, when does she get it and is it considered income when considering Alimony and Child Support?” Here is a quick synopsis of this difficult […]

What does Alimony really cost?

This morning I took part in a training call for some software I use to help me calculate different alimony scenarios for clients.  What is great about the software is that it allows my clients to see what effect taxes will have on their alimony payments.  If you are receiving alimony, many people forget that […]