Jason Soman of Soman Forensic & Valuation CPAs explains the difference between income and distributions and how wages, distributions and business-paid personal expenses may factor into income analysis for child support and alimony.

What can Trump’s 2020 tax return teach family lawyers? Soman Forensics examines pass-through entity losses, distributions, and why taxable income doesn’t necessarily reflect a party’s true cash flow.

A general ledger can serve as a roadmap when analyzing a business during divorce. Jason Soman of Soman Forensic & Valuation CPAs explains how forensic accountants use the GL to examine income, expenses, and individual transactions—and why the underlying records still matter.

Schedule E Part I can reveal rental real estate and royalty income—but it may not tell the entire financial story. Learn what family lawyers should look for and what additional documents may be needed.

Jason Soman of Soman Forensics & Valuation CPAs explains why Schedule B is an important part of tax return analysis in family law matters—and how it may help identify interest and dividend income, financial accounts, pass-through entities, and other information that warrants further investigation.

Jason Soman of Soman Forensics & Valuation CPAs explains why determining income for real estate investors in divorce can be more complex than simply reviewing a tax return—and why depreciation, pass-through entities, refinancing, distributions, and other financial information may be important when evaluating true income and available cash flow.

Jason Soman of Soman Forensics & Valuation CPAs explains why mortgage applications can be a crucial source of information in divorce financial discovery—and how they may reveal income, accounts, assets, or other financial information disclosed to a lender but not identified elsewhere in the case.

Jason Soman joins Melissa Gragg on ValuationPodcast to discuss what family lawyers should know about personal tax returns in divorce cases. The conversation covers income versus cash flow, key financial issues to identify early, additional documents to review, and potential methods of concealing income or assets.

Jason Somans of Somans Forensic explains how forensic accountants analyze tax returns, taxable income, cash flow, business interests, and real estate distributions.