Toledo Tax Law Blog
The best time to get an estate plan in place was yesterday
Crafting an estate plan is crucial in caring for your family. It can be an important step for making sure things are in order once you’re gone – and it’s never too early to start. More than 70% of adults in the U.S. think that having an estate plan in place would make...
Division of Marital Assets
One of the most important steps of any divorce or dissolution is the division of marital property. This includes identifying all marital assets, determining fair market values, and then deciding how to divide those assets. Marital assets can include: real estate,...
Mockensturm Ltd hires new attorney
Kevin Urtz is a new associate attorney with ., and he primarily practices in the areas of family law, employment law, and general litigation. Kevin grew up in Western Pennsylvania and went to college outside of Pittsburgh, PA. He is an avid...
Rental property is a good investment in Toledo
The price of real estate is has gone up considerably in the last few years here in Toledo. This is good news for property owners, but there are still opportunities for those looking for investment properties such as rentals. In a market such as this, rental property...
Estate planning that involves blended families
Wills, trusts and estate plans come in all different shapes and sizes. Some will be straightforward because there is a single beneficiary, but these days estate plans will often need to consider children, stepchildren and a second (or third) wife. It can even get more...
Post-deadline tax law tips
This tax season has been one of the most complicated and confusing in recent memory. Of course, this is due to the implementation of the Tax Cuts and Jobs Act, which was signed at the end of 2017 but Americans who file annually only now crunched the numbers and filed...
Handling the breach of a real estate contract
People and businesses generally expect the details of a contract to be honored once it is signed. Whether it is landlords or tenants, contractors or customers, construction companies or owners, the reason contracts are signed is to make sure that a party’s...
Determining the value of a business when selling
The biggest question when selling a business is trying to determine its value. Whereas a selling a home will be about the property, amenities and other things that can be compared to other listings, valuating a business can be more complex, and there is more than one...
Avoid these payroll tax mistakes
Whether you are looking to hire employees as you start your business or now need them since your business has grown, you take on certain responsibilities when you employ workers. You will need to ensure your workplace is free from discrimination and harassment, and...
A quick list of last-minute tax tips
The clock is ticking, and April 15 is right around the corner. So we have provided this handy list of quick tips for helping taxpayers determine what they owe under the new Tax Cuts and Jobs Act. The new law means that there are many changes to how taxpayers crunch...
