What is “phantom income”? “Phantom income” can be an issue when dealing with divorcing parties that have an ownership interest in a pass-through entity (i.e., a partnership, limited liability company, or sub-chapter S corporation). A pass-through entity (PTE) reports revenues, expenses, and profits on their own tax return. The shareh...
James T. Schaefer, CPA/CFF MS-Tax
Like many in attendance, I greatly enjoyed the recent ACFLS 22nd Annual Spring Seminar tha...
Greg Ellis
Given the potential importance of properly requesting and then objecting to a statement of...
Dawn Gray, CFLS
Everyone associates me with the law on fiduciary duties, and I have presented on this issu...
Mark E. Sullivan
Military retirement benefits are not handled in the same manner as private pension plans,...
Heidi Tuffias
Before I became a lawyer, which was a full half of my life ago now, I felt myself to be a...
Michele Brown, CFLS
On February 7, 2014, the listservs in the family law community were ablaze with comments a...
Debra Frank
I hope you had an enjoyable summer. Your ACFLS Journal Editorial Board has been hard at wo...
Lynette Berg Robe
Summer Activities Even in the doldrums of the summer heat, our ACFLS committees carry on...