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...
Judge Amy Pellman
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Michele Brown, CFLS
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Naghmeh Bashar
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Sherry Peterson, CFLS
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CarolAnn Peterson
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Bero Porter
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April C. Ball
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Esther Rosenfeld
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