A capital asset is an asset that can be sold for a higher amount than the original purchase price. This includes stocks, bonds, precious metals, jewelry, and real estate. The amount of capital gain that is taxed depends on how long the owner has held the asset. In some cases, it can be a long-term gain, while in others it […]
The process of dissolving a marriage is a voluntary decision between the two parties. The main difference between divorce and annulment is that the former involves reorganizing legal responsibilities, while the latter usually involves cancelling them altogether. Whether you choose to end your marriage through divorce or by seeking a legal separation is up to you and your spouse. According […]
If you have become overwhelmed with bills from the IRS, you may need help from a tax attorney. Tax attorneys are trained in navigating all of the complexities of the tax code. They can help you settle outstanding debts or lower your overall tax liability for the year. In many cases, taxes depend on an over-inflated or incorrect value that […]
Tax evasion is a crime and, if convicted, you face serious penalties. You might expect that tax evasion and violent crimes are the highest-paying criminal offenses, but tax evasion and tax fraud are also sometimes punished very severely. In some states, a criminal conviction can result in years of incarceration, hefty fines, and even jail time. When tax evasion and […]
Tennessee tax law is one of the most complicated areas of tax law. According to a tax relief lawyer, because there are so many laws regarding taxation, it is essential that tax attorneys are widely available to help taxpayers with their tax problems. Tax fraud and tax evasion are some of the most serious tax crimes in the country. A […]
If you’re facing an IRS tax audit, it’s highly likely that you’ll need the assistance of an IRS tax relief lawyer. The tax code is extremely complex, and it can take years to understand it. It’s easy to get lost in the many regulations, forms, and instructions. It’s not uncommon for a taxpayer to go months without making any income […]
Are you or your ex in need of child custody? Then you need to understand exactly how the system works in your state. First, it is important that you realize that there are two types of child custody available: physical custody and legal custody. Physical custody is what it sounds like: who gets the kids at any given point in […]
The tax season comes upon us quickly every year. It is important that you understand your state’s tax laws before filing your state income tax returns. While many state tax codes closely mirror the federal code, there may be key differences between every state that are especially important to be aware of before you begin the state tax collection process. […]
Probate is a court process initiated by the courts to administer the decedent’s estate, i.e. the deceased’s personal property or any identified forms of real estate, to specified beneficiaries, said estate planning and probate attorney serving in Georgia. The probate process generally is handled by the local probate courts. Probate law stipulates when the last will and testament must be […]
There are many important considerations when it comes to the selection of a business and civil law firm to handle your legal affairs. First, you need to know what you want from a law firm. If you don’t understand what you want or what to look for, then you might end up spending more money and time than necessary. Take […]