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How to Fill Out a Family Law Financial Affidavit

A Family Law Financial Affidavit is a common form used in family law cases; it’s a sworn statement of your financial income, expenses, assets, and liabilities. Usually used during divorce cases, both parties must fill out the affidavit and submit it at least two days before a hearing.  It’s crucial that both spouses complete this...Read More

For the Record: Form 1065 Schedule K-1

 Keeping your financial records organized is important when you run a business, especially if your business is a partnership. It’s easy to assume your partner will hold onto all the important tax documents- but what if he doesn’t? Form 1065 (Schedule K-1) is the IRS’s way of encouraging you to keep your own copies for...Read More

U.S. Corporation Income Tax Return: Form 1120

According to Investopedia.com, a corporation is a “legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes. The most...Read More