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6 Things You Need To Consider Before Filing Your Taxes If You’re Paying Or Receiving Child Support (Press Release)
Expert gives advice on how to navigate adding child support to your tax return Key Points: Tax season can be stressful enough without the added confusion of how child support factors into your return. One of the biggest misconceptions is that child support is either taxable income or deductible. Spoiler alert: it’s neither! “However, there are still important tax rules you need to know—whether you’re paying or receiving child support—so you don’t make mistakes,” says Kira Abernathy, the lead attorney at Your Law Firm, a firm dedicated to providing people-first legal services. Below, Kira breaks down what you need to know with some key points. 1. Child Support Is Tax-Neutral…
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Why Your Child Matters Most
Why Your Child Matters Most A couple recently interviewed was asked what mattered most in their marriage. The unanimous answer was ‘our children’. You would have naturally expected each to mention their spouse, but, the children topped their list. The irony is that a notable trend seen in the past 20 years as reported by New York Times is that most couples no longer view children as essential to a happy relationship. Children ranked low in a survey, What Makes Marriage Work, and yet when adults face divorce or family feuds, children take the center stage and child custody battles set in immediately. When divorce happens, legal experts agree that…
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