The Divorce Lawyer’s Unfair Advantage: the CPA
https://youtube.com/watch?v=jdxuyF2Zz08Video can’t be loaded because JavaScript is disabled: The Divorce Lawyer’s Unfair Advantage: the CPA (https://youtube.com/watch?v=jdxuyF2Zz08) What does a forensic accountant do in divorce? What does a forensic accountant look for? Why do you need a forensic accountant? For a much more detailed discussion, see The Forensic Accounting Deskbook: A Practical Guide to Financial Investigation […]
Read More»IRS “Reminders” for Divorced or Separated Individuals
- At April 11, 2020
- By Miles Mason
- In After Divorce, Alimony, Divorce Tips
0
IRS Reminders for divorced and separated individuals: alimony law changed, tax, interest, penalties, social security numbers for kids, ITIN, change of address, and name change after divorce. Mason Comment 1: Although I am a CPA, I hire a CPA to do my taxes. Why? I can’t keep up with all of the changes in tax […]
Read More»Big Divorce Mistake #3: Not Getting the Holy Grail of Divorce Documents
https://youtube.com/watch?v=YDCrVqk3sPcVideo can’t be loaded because JavaScript is disabled: Get the Holy Grail of Divorce Documents (https://youtube.com/watch?v=YDCrVqk3sPc) Loan applications often contain a statement of income and net worth. Lying on a loan application can be a felony. Personal financial statements, also called a net worth statement, is often the most valuable tool for negotiating a favorable […]
Read More»Uncover Hidden Assets & Income in Divorce with These Documents
https://youtube.com/watch?v=o_uGdzN4KEgVideo can’t be loaded because JavaScript is disabled: Uncover Hidden Assets & Income in Divorce with These Documents (https://youtube.com/watch?v=o_uGdzN4KEg) What important documents are best to review to find hidden income and assets? Discovering undisclosed assets? For a much more detailed discussion, see The Forensic Accounting Deskbook: A Practical Guide to Financial Investigation and Analysis for […]
Read More»Big Divorce Mistake #2: Not Analyzing Claimed vs. Documented Income
https://youtube.com/watch?v=xc-Hsn6OfHUVideo can’t be loaded because JavaScript is disabled: Analyze Claimed vs. Documented Income: #2 Big Divorce Mistake (https://youtube.com/watch?v=xc-Hsn6OfHU) Often, spouses must declare, or claim, what they earn. Very often, they earn significantly more according to their own tax returns, W-2s, 10-99s, and current pay stubs. There are even more documents available from which to compare […]
Read More»Dave Ramsey’s Divorce Advice
On his talk show, Dave Ramsey runs callers through many of the same questions a divorce attorney would ask. To determine where spouses are financially, he needs to know their ages and educational levels, how long they’ve been married, and if they have minor children. Assessment requires details about income, assets, savings, and retirement accounts, […]
Read More»Big Divorce Mistake #5: Misunderstanding How Alimony is Calculated
- At March 24, 2020
- By Miles Mason
- In Alimony, Divorce Tips, Forensic Accounting
- 0
How do you calculate alimony in Tennessee? https://youtube.com/watch?v=qISm6rXndXEVideo can’t be loaded because JavaScript is disabled: Understand How Alimony is Calculated: #5 Big Divorce Mistake (https://youtube.com/watch?v=qISm6rXndXE) Calculating alimony (spousal support) is a state by state determination but many states have the same considerations and factors. Need, ability to pay, and lifestyle of the parties are fantastic […]
Read More»Big Divorce Mistake #6: Not Being Skeptical about Financial Documents
https://youtube.com/watch?v=tKbHDZeopk4Video can’t be loaded because JavaScript is disabled: Be Skeptical about Financial Documents (https://youtube.com/watch?v=tKbHDZeopk4) What is the role of professional skepticism in reviewing financial statements? Forensic accountants can cross-reference financial documents better than anyone to uncover inconsistencies. Miles Mason, Sr. JD, CPA is the author of The Forensic Accounting Deskbook: A Practical Guide to Financial […]
Read More»10 Big Divorce Financial Mistakes
https://youtube.com/watch?v=XhZb1S8VVi8Video can’t be loaded because JavaScript is disabled: Mishandling the Pension QDRO & Elections: #10 Big Divorce Mistake (https://youtube.com/watch?v=XhZb1S8VVi8) #10: Mishandling the Pension QDRO & Elections https://youtube.com/watch?v=fqw1HMiYhBYVideo can’t be loaded because JavaScript is disabled: Get a Business Valuation: # 9 Big Divorce Mistake (https://youtube.com/watch?v=fqw1HMiYhBY) #9: Not Getting a Business Valuation to Save Money https://youtube.com/watch?v=76Z3kKOKovcVideo can’t […]
Read More»Big Divorce Mistake #1: Not Getting Financial Disclosures Under Oath
https://youtube.com/watch?v=wYY0ws2HuQEVideo can’t be loaded because JavaScript is disabled: Get Financial Disclosures Under Oath: #1 Big Divorce Mistake (https://youtube.com/watch?v=wYY0ws2HuQE) Obtaining financial disclosures under oath from your spouse is a great first step. That can be in response to interrogatories or an affidavit. If your spouse lies under oath, it will help make a better case for […]
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