Federal Income Tax payments are postponed. Taxpayers have until July 15, 2020 to pay taxes for 2019. This postponement also extends to self-employment tax for anyone who is taxed as a sole-proprietor. Further, the first quarterly estimated income tax payment for...
Want to start a business? Remain realistic
Many people get the idea of becoming their own boss because the daily grind of working for someone else can be immensely stressful. Numerous Pennsylvania residents may think that they will feel less stressed and more in control of their time and life overall if they...
Local Bononi & Company Lawyers Earn Top Honors
Attorney Marco F. Sylvania has been selected to The National Trial Lawyers: Top 40 under 40. Marco’s practice focuses on Criminal Defense and Personal Injury. His experience ranges from arguing before the Pennsylvania Superior Court, United State’s District Court,...
How your family business will be treated during your divorce
You may never have dreamed that you and your spouse would consider divorce, but that day has come. You feel overwhelmed just thinking about the process and are concerned about property division. To complicate matters, there is the family business. Both you and your...
A forensic accountant can track down hidden assets
The higher your net worth and the more assets you have, the more likely it is that some marital assets are not out on the table prior to the property division phase of your divorce. If you sense that your spouse is hiding marital property in one way or another, you...
Key considerations for bankruptcy during divorce
A divorce can be financially draining, and if people are already experiencing financial struggles, they may need financial relief. Some divorcees may see bankruptcy as a viable option. For those considering bankruptcy during their divorce proceedings, there...
Guilt and other issues to avoid in high-net-worth divorces
If you are facing a complex, high-net-worth divorce, you may feel overwhelmed by questions, such as how this will affect your children, how all the court will divide the assets, what you can expect in terms of alimony and much more. While you are contemplating these...
Key facts about the Pennsylvania inheritance tax
Many people want to take care of their loved ones, even after they are long gone. A proper estate plan can help in those efforts. Now among the things a person's death can trigger are certain taxes. Here in Pennsylvania, there is an inheritance tax. Who the...
Key considerations for your estate plan in Pennsylvania
You want to make sure that you are providing for your loved ones, even after you are gone. A sound estate plan may help to create that security. It is important to know the various aspects of an estate plan and the benefits of each so that you may...
Living wills vs healthcare power of attorneys
There are quite a few factors to consider and put into place for your estate plan. Most are familiar with a will, but some may not be aware that a living will is different, and even fewer may know a healthcare power of attorney also covers a different set of aspects....