Custody and the “Dependent Child” Tax Deduction

When parties go through a separation in Pennsylvania, there is an often an issue or question about who claims a tax deduction for the dependent child or children. As you might guess, the issue of the tax deduction depends in partly on who gets what amount of custodial time. A general rule of thumb is  … Read More

Exemptions from Pennsylvania’s Inheritance Tax: Advancements

Those interested in the inheritance process need to know about Pennsylvania’s inheritance tax. The tax is imposed as a percentage assigned to the value of a decedent’s estate passed to beneficiaries of a will. The rates of the inheritance tax are as follows: • 0 percent on transfers to a surviving spouse or to a  … Read More