A defined benefit plan, more commonly known as a pension plan, provides guaranteed retirement benefits to employees. Defined benefit plans are primarily funded by the employer, with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/26/2023
Alimony, also known as spousal support, is the money paid to a spouse to another after a divorce. The idea is to help the spouse with the lower income to take care of expenses and...
Posted by Rosovich & Associates, Inc. on 01/06/2021
In case you are still hanging tight for a tax refund on your federal income this year, here's one reason it may be postponed: the administration could have seized it. A similar...
Posted by Elliot Kravitz, ATP on 05/29/2019
Divorce is hard and horrible. But at times, love turns sour, and two people have to part ways. The singular decision of parting ways involves many things. There are a ton of decisions...
Posted by Tim Thompson CPA PLLC on 08/07/2020
Basics of spousal supportWhen married couples file for a divorce, the court may grant spousal support to either of the former spouses, based on either on an agreement reached between...
Posted by LLOYD J CAZES CPA on 05/29/2019
Five Types of Spousal Support or AlimonySeparating from your significant is already a mess on its own, with addition to the complication of getting spousal support.What is Spousal...
Posted by Flynn Financial Group Inc on 05/01/2019
When a marriage falls apart, both the partners are often seeing with facing troubling issues.it is because, in many ways divorce is expensive and can lead you to spend considerable...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 11/06/2018
The reason why various types of spousal support were created is due to the increasing rate of divorce in America. Generally, whoever has the highest-earning income is required...
Posted by Advantage Tax Service on 07/23/2018
When you have a spouse, there are certain things which cross your brain. It could be that is spousal support taxable or not. There are some court proceedings which go through the levels...
Posted by Tax Solutions & Accounting Services on 07/16/2018
