March 31, 2006
The Oscar-winning movie, Walk the Line, is about true love, but it’s also about divorce. Johnny Cash and June Carter met when they are both married to other people, though the movie doesn’t necessarily endorse adultery. Instead it takes a fairly benign perspective on their divorces. A key scene in the movie involves a woman [...]
March 30, 2006
Jessie Danninger, a financial analyst with Rosen Law Firm, has several tax tips for those that are recently separated or divorced. She says child support is neither taxable to the recipient nor deductible to the payor. Alimony on the other hand is taxable to the recipient and deductible to the payor, and it’s considered earned [...]