Small Business Reorganization

            Small businesses that are unable to pay their debts have the option to file bankruptcy under Chapter 11 of the Bankruptcy Code to reorganize their businesses and debt obligations. Recent changes to the Bankruptcy Code are designed to make it easier for small businesses to reorganize.             In August of 2019, the Small Business… Read more »

Cryptocurrency Tax Considerations for Investors

Many view the world of virtual currency (or “cryptocurrency”) as an unregulated landscape. While it is true that this new area of technology is constantly advancing, and lacks many of the regulations in place for traditional forms of commerce, the profits involved in investing, selling and mining cryptocurrencies are real, and create tax obligations. The… Read more »

Property Tax Appeals

       What can you do if you disagree how the county has valued or classified your property? First, you may contact your assessor to attempt to resolve your issue. If you are unable to resolve the issue then you may appeal to the Local Board of Appeal and Equalization or attend an Open Book meeting… Read more »

Which Parent Can Claim a Child On Their Tax Returns?

When parents are not married (after a divorce or when they have a child outside of marriage), the question arises every year before April 15th – Which parent is able to claim the joint child as a dependency exemption for income tax purposes? Gloria E. Bogen has been practicing Family Law for over 33 years… Read more »