Divorce traps : Portfolios harboring unrealized gains
By: Stewart, Tracy [author]
Language: English Copyright date: 2018 In: Journal of Accountancy Mar 2018, Vol. 225 Issue 3, pages 54Summary: The article presents a case of a married couple who are in the final stages of negotiating their divorce which highlights the importance of monitoring unrealized gains and losses, as well as understanding the tax consequences of dividing different types of accounts. It outlines key takeaways for accountants to consider from the scenario, including reviewing the property settlement agreement before execution and using the conversation as an opportunity to educate the client.| Item type | Current location | Home library | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|---|
JOURNAL ARTICLE
|
COLLEGE LIBRARY | COLLEGE LIBRARY PERIODICALS | Not for loan |
Total holds: 0
The article presents a case of a married couple who are in the final stages of negotiating their divorce which highlights the importance of monitoring unrealized gains and losses, as well as understanding the tax consequences of dividing different types of accounts. It outlines key takeaways for accountants to consider from the scenario, including reviewing the property settlement agreement before execution and using the conversation as an opportunity to educate the client.
Click on an image to view it in the image viewer
There are no comments for this item.