Client Trust Account Protection Program (CTAPP) – Everything You Need to Know for Your Law Firm
The Supreme Court of California has recently taken steps to ensure the protection and security of its clients' finances. On October 25, 2022, it implemented the Client Trust Account Protection Program (CTAPP), which includes expanded reporting requirements for...
Preparing for Divorce Over 50: What You Need to Know
Divorce Over 50 is a difficult process, but when you're over 50, there are a few additional factors that need to be considered. These challenges may include financial considerations, such as the division of retirement accounts and pensions, as well as the potential...
Find out How to Safeguard Pensions in Divorce
Pensions in divorce can be a complex and stressful issue to navigate during a divorce proceeding. The fate of your retirement savings or pension plan may be one of the many concerns you have during your divorce proceeding. If you've been able to save money through...
A Guide to California Tax Credits and Other Benefits That Distilleries May Not Be Aware Of
California is home to a thriving craft distillery industry, with many small and medium-sized businesses producing high-quality spirits. However, as with any business, starting and running a distillery can be costly. That's why it's important for distilleries to know...
4 Common Questions Taxpayers Have on Structured Settlements
Structured settlements are a financial arrangement that is often used in legal cases to provide a stream of future payments to a plaintiff. While this can be a useful tool for those who have received a settlement, it is not always the best option for everyone. In this...
What Are Tracing Options Available in California?
In California, there are three basic ways of tracing separate or communal property. Direct Exhaustion/recapitulation Mechanical Tracing Lawyers and forensic accountants utilize these strategies to substantiate separate property claims against current and existing...
FAQs About Child Support and Taxes
Many single parents struggle with misconceptions about child support payments and taxes. Common questions that parents receiving or paying child support may have include how their taxes will be impacted by child support payments, who gets to claim the children on...
Four Benefits from Using a Financial Expert During the Mediation Process
In many cases, parties in mediation will not have a complete understanding of the financial issues of their case. This makes it difficult for them to make decisions that are necessary to reach a mediated resolution. In situations like these, bringing your financial...
Divorce Checklist: How to Prepare for a Divorce
While the legal process of divorcing can be difficult, it doesn't have to be financially arduous for everyone involved. A divorce checklist can help you in this situation to set things in the right direction. There are various methods to choose from based on how you...
Here Is What You Need to Trace a Separate Property in Mixed Assets
The characterization of property in a divorce or legal separation case is extremely important. The distinction between separate and community property has a substantial impact on the division of assets upon divorce. The definition of separate property is any property...
Spouses’ Property Rights and Financial Responsibilities After The Separation
It’s common for spouses to separate while a divorce is underway. Usually, choosing to do so is reasonable - but separation can also unearth a few issues regarding the distribution of property rights and financial responsibilities. In order to help make sure that you...
Having A Divorce? Learn What Happens To Your Assets Acquired Before Marriage
One of the most important things to do in order to ensure a smooth and successful divorce is to make sure that you have a clear understanding of what property belongs to whom and what happens to your assets acquired before marriage. This can be challenging because it...
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Address: 27200 Tourney Rd #290 Valencia, CA 91355
Phone: (818) 898 9911
Email: marketing@miod-cpa.com
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Let us take care of the accounting
Fill out our contact form and we will connect you with an expert that can help
Address: 27200 Tourney Rd #290 Valencia, CA 91355
Phone: (818) 898 9911
Email: marketing@miod-cpa.com
Schedule a Free Consultation
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