VIDEO: When Do You Need a CPA in Divorce?

By: ELI C. NEAL, CPA, ABV, CFF

CPAs offer a lot of value to clients early in divorce proceedings. CPAs identify what’s important, correct false notions, and, most importantly, inform good decision making.

It was my pleasure to join Lisa Do and Walton Dabney on their Beresford Booth’s weekly webinar series. Each week for 30 minutes, the firm offers a webinar on business & real estate, litigation, estate planning, or family law. I highly recommend subscribing.

In our presentation, Lisa, Walton, and I discussed the following topics:

• CPAs can and should help early in the divorce process.

• CPAs can consult on a business’s value initially to inform mediation before committing to a formal appraisal report.

• Owners often try to manipulate the value of their business. CPAs are trained to recognize and respond to this.

• How income and expenses are considered for spousal support.

• Important tax consequences for stimulus checks and child tax credit monthly payments.

I love presenting webinars because attorneys and their clients can watch me teach in a formal setting. That is what being an expert witness is all about.

If you need help with a divorce or dispute, give 4 Corners a call at 425.800.4896 or schedule a video call here; we’ll listen to your situation and help you scope your project. We’d love to help you.