How Do Job Losses Impact Spousal and Child Support?

Stop sign with job loss underneath

Lost your primary income source or job because of the pandemic? You aren’t alone. Over 20M jobs were lost and some businesses have shut down leaving household finances reeling. Many folks are worried about keeping up with their spousal support and child support obligations.   Here are a few things to remember if you experience problems keeping up:  Support obligations are…

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How is Child Support and Spousal Support Figured?

daughter walking with her parent

Are you going through a divorce?  Will you be responsible for child or spousal support?  Make sure you know the answers to your questions before you go through your divorce proceedings. Join us July 6 to learn more about child and spousal support and get answers to many of the other questions you may have.…

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The New Tax Laws and Spousal Support

Tax Law image

The Tax Cut and Jobs Act passed in December 2017 is changing the tax rules around spousal support. Currently, if you pay spousal support, it is an “above the line” tax deduction. Meaning the total amount of the spousal support payment comes right off the top of your income and you don’t pay taxes on…

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