The new year will likely bring a change in marital status for many couples. Co-operative Legal Services is anticipating a 332% rise in divorce inquiries in January compared with the previous four months.
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The dissolution of a marriage has several major tax considerations. There are questions about who can take the deduction on the sale of the marital home. Is child support or spousal support deductible?
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Question: Can child support arrears be discharged by filing for chapter 7 or 13 bankruptcy?
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Dads Divorce, sponsor Cordell & Cordell and sister site MensDivorce.com have teamed up to present a series of weekly recap videos to keep you informed on the latest news and top stories. This week, Cordell & Cordell posted an appearances Principal Partner Joe Cordell recently made on Phoenix Money Radio’s …
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Dads Divorce, sponsor Cordell & Cordell and sister site MensDivorce.com have teamed up to present a series of weekly recap videos to keep you informed on the latest news and top stories. This week, Cordell & Cordell posted an interview Phoenix Money Radio’s “Business for Breakfast” conducted with Cordell & …
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Tax season is in full swing. If you’re newly divorced, you likely have a lot of questions about filing your taxes. Divorce can certainly complicate an already tricky process. Here are seven frequently asked questions regarding taxes and divorce:
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Question: My ex-wife and I have been separated for five years and have shared custody of our child. I have always allowed her to claim our daughter on her taxes because it would benefit her more. Last year, I switched health insurance in order to cover myself and my child. …
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Cordell & Cordell, along with its sponsored sites Dads Divorce and Men’s Divorce, present a news video for the week of January 30, 2015. This week, Cordell & Cordell Principal Partner Joe Cordell contributed a new article in his column for Financial Advisor Magazine detailing two subjects where financial advisors can be helpful …
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Question: I must pay my ex-wife a portion of any bonuses received that are above my annual salary. I must also provide her with my tax filings. Last year, there was an underpayment after my deductions were calculated so I paid her the difference in the amount owed. This year, …
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Question: Are tax refund checks considered income when calculating child support?
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