A frustrating but mandatory part of the divorce process in California is completing financial disclosure forms. One of these forms is the Income and Expense Declaration (FL-150), which requires both the Petitioner and Respondent to detail their earnings and spending. ...
While the overall divorce rate has dropped nominally over the past two decades, the incidence of divorce among couples over the age of 50 has nearly doubled. Unlike their younger counterparts, people getting divorced after 50 are more likely to have been married for...
Filing taxes after the divorce can be a tricky situation. In many cases, the agreement you sign during a divorce or child custody case will outline which parent can claim a child on a tax return. Understand the potential implications and what to do when a spouse who...
Changes to the Federal tax system were signed into law in late 2017. But what do those changes actually mean for the average person? If you’re like most Americans, you have many questions about how your taxes will be impacted under the new law. That’s why we’re...
If you’ve been keeping up with the news about the tax bill recently passed by both houses of Congress and signed into law, you may have questions about how the new law will impact your taxes. For those who either pay spousal support or those who receive spousal...
Divorce is typically a difficult and stressful process that many may wish was over before it even started. In some cases, when divorces take long enough or if it happens to be timed right, your divorce may take place right smack in the middle of tax season. As if the...
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