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Alimony vs. Spousal Support: Which Costs More?
SmartAsset via Yahoo Finance· 2 years agoOne issue that couples often contend with during the divorce process centers on financial support. Both parties can work together to reach an agreement...
CRA taken to court after denying spousal support payments as tax deductible
Financial Post via Yahoo Finance· 1 year agoAmong the challenges of separation and divorce is determining whether spousal and child support will...
How To Report Child Support Income on Your Taxes
GOBankingRates via Yahoo Finance· 1 year agoThe Internal Revenue Service's deadline for filing and paying your 2022 taxes is April 18, 2023. It's never too early to start planning for Tax Day --...
Divorce and your mortgage: Here’s what to know
Bankrate via AOL· 3 months agoKey takeaways If you obtained a joint mortgage with your ex, both of you are responsible for the debt. Divorcing couples with a joint mortgage typically...
Do I Need to Pay Taxes on Alimony?
SmartAsset via Yahoo Finance· 1 year agoAlimony has two important tax statuses. If you finalized your divorce before Jan. 1, 2019, the person who collects alimony pays taxes on this money. This...
These tips can help you avoid financial pain amid the emotions of losing a spouse
Financial Post via Yahoo Finance· 8 months agoThe passing of a spouse is always a difficult time, and it can leave a survivor feeling lost and...
16 Tax Tips for Single-Income Families
GOBankingRates via Yahoo Finance· 1 year agoIn a number of situations, a family might have only one income. One parent might stay home to raise the children, or a single parent might be raising...
Can this couple still afford retirement if one of them quits to support disabled daughter?
Financial Post via Yahoo Finance· 2 years agoIn Ontario, a couple we’ll call Sid, 48, and Heather, 46, are raising two teens. One, 13, is...
4 Downsides of Social Security That Nobody Talks About
GOBankingRates via Yahoo Finance· 1 year agoAny lawmaker who proposes cuts to Social Security is treading on thin political ice. According to...
38 Money Secrets Only Divorce Attorneys Know
GOBankingRates via Yahoo Finance· 1 year agoAccording to The Holmes-Rahe Stress Inventory, divorce ranks second on the list of most stressful life events. And while it's natural to feel grief about...
