The new alimony law – effective as of January 1, 2019 – has effectively taken the longstanding alimony tax deduction and thrown it into the proverbial trash. Should you be worried?
When receiving child support, a parent is expected to spend the money on essentials for the children. But are there laws enforcing child support accountability and ensuring funds are spent appropriately?
Many factors affect auto insurance rates, and while getting a divorce will not directly affect one’s rates, if divorce results in the removal of one’s spouse from the auto insurance policy, that will usually change your rates in some way. Your auto insurance rates could increase or decrease after divorce, but they will likely not […]
With issues such as spousal support, child support and child custody now being a part of your life, it’s important to be prepared before filing taxes after divorce. Tax day is almost here. If you have recently gone through a divorce, you may or may not have thought about how it will affect your financial […]
Divorce costs can run high if you aren’t prepared going into the divorce process. Follow these basic rules to help you save money in the long run.
Dealing with U.S. taxes can be stressful; dealing with divorce and taxes can be excruciating. If you’re going through a divorce this tax season, follow these tips on filing status, alimony, and child support.
The divorce process is full of pitfalls. Establishing the proper personal and professional divorce support team is crucial to navigating this challenging process successfully.
In a divorce, the value of assets must be determined prior to property division. Here’s what you need to know about classic car appraisal.
The new tax law in the USA will have an affect on your overall divorce settlement agreement and your taxes post-divorce. By now I’m sure that you’ve heard President Donald Trump signed a new tax law into effect back on December 22, 2017 that is sure to have big implications for just about everyone. While many of […]
During a divorce, there are numerous tax issues that may arise when it comes to property settlements and support. The following are some tax issues in Ohio divorces.