Mockensturm, Ltd.
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April 2019 Archives

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 a return for the first time under the new law.

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 actions support a verbal agreement. However, this is not how it always goes in real life, which can mean that there is a breach of contract.

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 you will need to ensure the safety of your workers.

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 approach to doing it.

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 their numbers. Many are claiming that they will be paying more under the plan, but there are still opportunities to reduce one’s tax burden.

Tom Petty's family fights over his estate

Millions of music fans mourned the loss of Tom Petty when he unexpectedly died in 2017. The Rock and Roll Hall of Famer left behind a sizable estate to his wife and two daughters that was set up as a trust. However, the wife of 16 years and grown daughters from a previous marriage are in dispute over the control and direction of the estate.

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