Forged documents complicate the situation for a divorcing couple in Carlsbad, Encinitas, Oceanside or Vista. Imagine that you are a service member in one of the branches of the United States armed forces and are currently deployed. On top of worrying about yourself, you’re also thinking about the divorce papers that were recently sent to you by your spouse. Although…
Child Support
Proposed Tax Reform will Impact Divorce in Carlsbad
How will the proposed tax reform impact divorce in Carlsbad? Spousal support, referred to as “alimony” by the IRS is presently deductible for the payor and taxible for the recipient. Child support is presently neither deductible for the payor nor taxible for the recipient. The tax impact of child support and spousal support is a significant consideration in the majority…
Is Family Support an Option in Your Carlsbad Divorce?
What is “family support” and how can this help to actually allow both parties to keep more money each month after a divorce? In many Carlsbad divorce cases, the final decree includes orders for child support and spousal support. One must consider the effect of taxation upon these payments. Child support is not deductable for the person who pays it,…
What is “Family Support” and is this Legal in California?
The term “Family Support” is a strategy supported in California based upon IRS tax code. Family Support generally applies to the combination of child support and spousal support payments in a North County San Diego divorce settlement. Under IRS tax code, child support is not taxable to the recipient, nor can it be deducted by the person paying child support.…
California man submits initiative to end alimony
An Orange County man is attempting to put an end to alimony. Currently, signatures are being gathered for the initiative that is intended to stop alimony (also known as spousal support). Secretary of State Alex Padilla granted permission to supporters of the initiative to begin the process of gathering signatures. This group will need to gather 365,880 signatures from registered…