Product Description

This program moves beyond the basics to take a deep dive into more complex financial issues in divorce law, including both a review of the current case law addressing these issues and how to understand the documents during the discovery process. The program dives into a detailed explanation of:

• Depreciation Expense

– What is Section 179 depreciation

– Difference between depreciation expense under tax rules and general accepted accounting principles

• Retained Earnings

– Understanding how retained earnings work and various components comprising of retained earnings

• Cash Flow Compared to Annual Income

• Differences Between Cash and Accrual Accounting

• How to Read a Schedule K-1

Our expert faculty guide you through each concept, offering thorough explanations. You learn how to calculate a party’s annual income. The program discusses the “personal piggy bank effect”—when business owners disguise personal expenses as business expenses and how to recognize when this is happening. Master the skills and techniques you need to identify and resolve these issues.

Not yet ready for advanced finance topics? Not to worry! Join our companion program: Basic Financial & Tax Concepts in Divorce Law (Program # 2240094WBC).

Agenda & Materials

• 2:00pm - 2:30pm

  Advanced Financial & Tax Concepts in Divorce Law: Depreciation

  on demand video Add to Cart

  Marc D. Bello, CPA/ABV, CVA, MAFF, Willamett Management Associates , Boston
  Wendy O. Hickey, Esq., Brick, Jones, McBrien & Hickey LLP , Needham
  Alexander D. Jones, Esq., Brick, Jones, McBrien & Hickey LLP , Needham
  
• 2:30pm - 3:15pm

  Advanced Financial & Tax Concepts in Divorce Law: K-1

  on demand video Add to Cart

  Panel
  
• 3:15pm - 3:30pm

  Advanced Financial & Tax Concepts in Divorce Law: Defining Income

  on demand video Add to Cart

  Marc D. Bello, CPA/ABV, CVA, MAFF, Willamett Management Associates , Boston
  Wendy O. Hickey, Esq., Brick, Jones, McBrien & Hickey LLP , Needham
  Alexander D. Jones, Esq., Brick, Jones, McBrien & Hickey LLP , Needham
  
• 3:30pm - 3:45pm

  Break
• 3:45pm - 4:30pm

  Advanced Financial & Tax Concepts in Divorce Law: Case Law and Income

  on demand video Add to Cart

  Panel
  
• 4:30pm - 5:00pm

  Advanced Financial & Tax Concepts in Divorce Law: Final Financial Concepts

  on demand video Add to Cart

  Panel
  

Please Note

MCLE on demand programs are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only through a link included on the on demand program page.

Chair

Faculty