THIENEL LAW BLOG
What is a Qualified Domestic Relations Order (QDRO)?
A QDRO is a decree or order recognizing another person such as a former spouse, child or dependent as an “alternate” or “alternative” payee to a retirement plan. The alternative payee can receive all or part of the benefits under the plan.
What Do Tax Attorneys Do?
Imagine receiving a notice from the Internal Revenue Service (IRS) about a tax audit or finding out that you owe a significant amount in back taxes. Navigating the complex world of tax laws and regulations can be overwhelming, but there’s one professional who can help you through these challenges: a tax attorney.
2023 Tax Changes: Essential Updates That Could Impact Your Wallet
The Internal Revenue Service (IRS) has announced new tax laws and changes for 2023 that could have a significant impact on your wallet. It's crucial to stay informed and prepared, especially when it comes to filing tax returns for the 2023 tax year. Keep reading for a breakdown of the key updates you need to know.
The Inflation Reduction Act: What Does it Mean for Tax Payers in 2023 (and Beyond)?
On August 7, 2022, the United States Senate Passed the Inflation Reduction Act (“the Act”) along party lines by a vote of 51 to 50. The House of Representatives passed the bill without changes, and President Biden signed it into law on August 16, 2022. Experts and politicians disagree about whether the Act raises or lowers the deficit.