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The Internal Revenue Service (IRS) regularly reviews financial records for individuals and businesses. The IRS collects taxes and can refer cases out for prosecution in scenarios where people refuse to pay their taxes or engage in fraudulent financial activity. Many...
Increasingly, people aren’t just considering their human loved ones in their estate planning. They’re including stipulations for the care of any pets who outlive them. This is crucial for those who don’t have relatives living nearby who can take their animals....
Receiving a terminal diagnosis is an emotionally overwhelming experience. This scenario often prompts a reevaluation of one’s priorities, including the need to address estate planning concerns. While the thought of managing legal and financial matters during such a...
Launching a new business can be very exciting. Done right, it can also be extremely lucrative. Nonetheless, starting a company and making all of the right moves is by no means easy. Sometimes, entrepreneurs can get carried away in the moment and forget to take legal...
A qualified domestic relations order (QDRO) is an order that gets handed down by a court. It applies to a financial account and determines how that account will be divided. Often, the court issues a QDRO to outline how this division will occur in the future. One way...
No doubt, starting a corporation can be an exciting endeavor. However, it doesn't end with just filing initial paperwork. Once your corporation is formed, staying compliant with various legal requirements is vital to help ensure its smooth operation and avoid...
Co-parents can usually work well together as a parenting team, so it may shock them when they have difficulties communicating. This may come because of a stressful situation or due to a disagreement. There are several things that may help to keep the situation under...
As the owner of your own business, you get to make the decisions about hiring and firing employees. You don’t enjoy having to terminate someone from their position, but it is necessary from time to time. What you’re wondering, though, is if you need a specific reason...
Technically, it’s never a bad thing to have a prenuptial agreement if you’re getting married. If you do end up getting divorced, it can help protect your assets and streamline the process. If you never get divorced, you simply don’t use the prenup. So why don’t all...
Alimony, also known as spousal support, is an important part of divorce proceedings. It provides financial support to a spouse after the marriage ends. In Colorado, alimony is determined based on various factors, and understanding these factors is essential for those...