Joseph W. Cunningham, JD, CPA, PC

04/29/2023

Tax Trends and Development Article - Apr 2023 : Holder’s Interest Value to the Owner Cuts Both Ways
Michigan Family Law Journal

View / Download April 2023 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal The Michigan Court of Appeals has ruled in a number of cases that, if is a business providing personal services is worth more to the owner than the price at which…Read More

12/30/2021

Dec 2021 : Year-End Tax Considerations – File Joint or Separate; Estimated Tax Payments; Tax Refunds/Overpayments
-- Tax Trends and Developments Column – Michigan Family Law Journal
::: As the year-end approaches, there are various “below the radar” tax matters that can be relatively significant. (Click to READ FULL article)

https://joecunninghampc.com/2021/12/dec-2021-year-end-tax-considerations-file-joint-or-separate-estimated-tax-payments-tax-refunds-overpayments/

12/30/2021

Nov 2021 : Court of Appeals Rules on Double-Dipping Issue Fort v Fort, Mich App No. 351568 (4/22/21) – Unpublished
-- Tax Trends and Developments Column – Michigan Family Law Journal (Click to READ FULL article)

View / Download November 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal Facts H and W were divorced in 2019 after 14 years of marriage and three children. Per their agreement, W was a stay-at-home mom. H owned and worked at a business…Read More

12/30/2021

Oct 2021 : Bob Treat
-- As most Michigan family law attorneys know, Bob Treat recently passed away.
Bob was well known for his QDRO expertise and his generosity in sharing it with others.
And, Bob recently served as Chair of the Family Law Council. (Click to read FULL tribute to Bob)

View / Download October 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal As most Michigan family law attorneys know, Bob Treat recently passed away. Bob was well known for his QDRO expertise and his generosity in sharing it with others. And, Bob recently.....

12/30/2021

Aug/Sep 2021 : Thoughts on Start-Up Companies in Divorce Settlements
-- Start-up companies require considerable thought in divorce settlements. Some reasons: (Click to read FULL article)

View / Download Aug/Sept 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal Intro Start-up companies require considerable thought in divorce settlements. Some reasons: Some will go great guns and become quite valuable. Others will fizzle and flop. And, since...

12/30/2021

Jun/Jul 2021 : Court of Appeals Affirms Trial Court Holding that the Award to W of a Portion of H’s Federal Pension Did Not Include a Survivorship Benefit Gray v Gray, Mich App No. 344636 (June 25, 2020) Unpublished
-- Tax Trends and Developments Column – Michigan Family Law Journal (Click to READ full article)

View / Download June/July 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal Facts In their Consent Judgment of Divorce, it was provided that W would receive a coverture fraction share of H’s Civil Service Retirement System (CSRS) pension plan (Plan). The ...

12/30/2021

May 2021 : Court of Appeals Reverses Trial Court Ruling on the “Marital/Separate” Property Character of a Business Interest Received by Gift before Marriage Wolcott v Wolcott, Mich App No. 351918 (March 11, 2021) Unpublished
-- Tax Trends and Developments Column – Michigan Family Law Journal (Click to READ full article)

View / Download May 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal Facts In July 1999, W’s father gave her a 10% interest in a closely-held business (Company) at which she was not employed. The parties married a month later in August 1999.…Read More

12/30/2021

Apr 2021 : Court of Appeals Upholds Trial Court Ruling of a Zero Value for a Medical Practice Woolever v Woolever, Mich App No. 351007 (January 28, 2021)
-- Tax Trends and Developments Column – Michigan Family Law Journal (Click to read more)

View / Download April 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal Facts H, an orthopedic surgeon, had operated his practice out of a building he leased for most of the marriage. He had many employees. But, in 2016, he sold his equipment…Read More

12/30/2021

Mar 2021 : IRS Releases Federal Income Tax Data
-- The IRS released individual federal income tax information for 2018, which was the first tax year after enactment of the Tax Cuts and Jobs Act (TCJA) in December 2017. (Internal Revenue Service, Statistics of Income).
-- We frequently hear how the federal tax system is tilted toward the wealthy and was made more so by former President Trump’s TCJA. However, the 2018 data released by the IRS indicates that the federal income tax remains considerably progressive. (click to read more)

View / Download March 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal The IRS released individual federal income tax information for 2018, which was the first tax year after enactment of the Tax Cuts and Jobs Act (TCJA) in December 2017. (Internal Revenue...

03/03/2021

Feb 2021 : Tribute to Ken Prather
-- My good friend, Ken Prather, passed away on December 27, 2020. He was 87 years old. Ken practiced Family Law for 57 years. He was a consummate professional. He knew the law inside-out and was passionate about serving his clients. (click to read more)

View / Download February 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal My good friend, Ken Prather, passed away on December 27, 2020. He was 87 years old. Ken practiced Family Law for 57 years. He was a consummate professional. He knew the…Read More

02/12/2021

Jan 2021 : 2021 Tax Rates - 2021 Federal Income Tax Rates & Brackets, Etc., and 2021 Michigan Income Tax Rate and Personal Exemption Deduction
-- Tax Trends and Developments Column - Michigan Family Law Journal

View / Download January 2021 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal Federal Income Tax The following are inflation adjusted tax rates and standard deductions for 2021 as announced by the IRS (IR-2020-245). Personal Exemption There is no personal exemp...

12/28/2020

Dec 2020 : Michigan Court of Appeals Rules on Dispute on Calculation of Interest on a Divorce-Related Installment Obligation and, a Better Way to Do It. Elam v Elam, Mich App 348201 (10/15/20)
-- Tax Trends and Developments Column - Michigan Family Law Journal

View / Download December 2020 Article – PDF File Tax Trends and Developments Column – Michigan Family Law Journal Facts: As part of their 2005 Settlement Agreement, H was obligated to pay W $1,000 principal & interest payments a month over 12 years on a $175,000 debt to her. The…Read More