Divorce – The Burns Firm – Advisors of Complex Financial Matters

Uncovering Hidden Assets in a Divorce

April 9th, 2024|Categories: Accountant, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Divorce, Forensic Accounting, Forensic CPA, Hidden Assets, Services, Tax, Tax Advisor, The Burns Firm|Tags: cpa near me, Dallas CPA, divorce, Forensic Accounting, Forensic CPA, Hidden Assets, tax advisor, The Burns Firm, Track Down Hidden Assets, Uncover Hidden Assets in a Divorce|

These days, marriage can be a complex venture, and when it dissolves, sorting out the finances can be difficult. Even in amicable divorces, the financial entanglements can be complicated. And [...]

Spouses Are Guilty Until Proven Innocent

May 18th, 2023|Categories: Accountant, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Divorce, Innocent Spouse, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Filing Status, Tax Preparation, Tax Return, Tax Return Filing, The Burns Firm|Tags: divorce, Innocent Spouse, innocent spouse relief, tax, tax advisor, tax liability for innocent spouse, Tax Return Filing and Divorce, The Burns Firm|

When you got married, you knew it was for "better or worse." But you might not know about laws that hold you responsible if your spouse cheats on a tax [...]

How Divorce Affects Eligibility for the Home Sale Gain Exclusion

April 27th, 2023|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Divorce, Services, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Credits, Tax Planning, Tax Preparation, Tax Return, tax write-offs, The Burns Firm, Year-End Tax Planning|Tags: cpa near me, divorce, Divorce and My Taxes, Divorce and Sale of Home, Eligibility for the Home Sale Gain, Home Sale Gain, How Divorce Affects Home Sale Gain Exclusion, Sale of Home During Divorce, tax, tax advisor, The Burns Firm|

It's common for couples who divorce to sell their homes. Not only does this move give former spouses fresh starts after the divorce is finalized, but it can also free [...]

Business Valuation Issues in Divorce

March 9th, 2023|Categories: Accountant, Accounting, Burns Firm, Business, Business Valuation, CPA, CPA Dallas, CPA near me, Dallas CPA, Divorce, Services, Small Business, Tax, tax accountant, Tax Advisor, The Burns Firm|Tags: business valuation, Business Valuation Issues in Divorce, CPA Dallas, cpa near me, divorce, tax, The Burns Firm|

In a divorce, when either or both spouses own a closely held business, the dissolution of the marriage becomes more complex. There are several questions to consider: Should the couple [...]