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Blog Posts in 2014

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  • 8 Apr. 2014

    Divorce And Taxes: Just Finalized Your Divorce? It's Time To Reconsider Your Tax Filing

    Posted By The Buncher Law Corporation

    There's a good chance your Divorce Judgment already provides the tax filing information you and your ex-spouse will need for 2013. A Judgment commonly addresses issues concerning minor children as dependency exemptions for tax filing status needs. Typically, spouses file a joint return for any tax year they were married. A couple who divorced on December 30, 2013 for instance, cannot file a ...
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  • 1 Apr. 2014

    Divorce And Taxes: Minor Children Are A Key Consideration At Tax Time

    Posted By The Buncher Law Corporation

    Do you and your ex-spouse share custody of minor children ? The type of custodial arrangement you have dictates your dependency exemptions. Let me give you an example: When parties share custody of their children, it can make sense to allocate exemptions equally so that each parent claims one child on their separate return. If only one minor child is involved, the parties can agree to alternate ...
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  • 25 Mar. 2014

    Divorce And Taxes: Why It Is Important To Resolve Tax Filing Issues Before April 15, 2014

    Posted By The Buncher Law Corporation

    If you are in the midst of dissolving your marriage and have children, you and your soon-to-be-ex-spouse are probably negotiating issues concerning your tax filing status for 2013. Your federal tax filing status is based on your marital and family situation. These are important factors in determining whether you must file a return, what your standard deduction is, and your correct amount of tax. ...
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  • 17 Feb. 2014

    Seeking Justice in Civil Court From a False Claim of Marriage in Family Law Court

    Posted By The Buncher Law Corporation

    A common scenario in a so-called Marvin Action between cohabitating adults who've split up starts with the plaintiff filing a petition for dissolution of marriage in family law court. The plaintiff claims, under penalty of perjury, that the couple entered into valid marriage which now entitles him or her to spousal support and half of the community property amassed during the relationship. The ...
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  • 10 Feb. 2014

    Protect Yourself By Documenting Voluntary Support Payments

    Posted By The Buncher Law Corporation

    If you're making voluntary support payments to your spouse, you need to make sure you're receiving credit for those payments and reaping the tax benefits. Spousal support payments are tax-deductible for the payor, and includable as income for the payee-spouse. However, in order to claim deductibility, those support payments need to be recorded in writing by court order or voluntary ...
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