Applying the requirements for child tax credits to be used by the non-custodial parent
The value of head of household filing status and dependent care credits
The remainder of tax law changes family law attorneys should consider when drafting and mediating settlements
Runtime: 1 hour and 30 minutes
Recorded: July 16, 2019
Under the new tax laws, dependency exemptions are gone. What does this mean for family law attorneys? The Child Tax Credit has been expanded. Head of household filing status means more than in the past. And don't forget about the Dependent Care Credit, either.
This program shares with family lawyers what they must know to represent clients with children and what can be negotiated in settlements moving forward.
Do you rely on boilerplate tax distribution provisions? This program will help you identify various issues to address in drafting tax distributions and the pitfalls of failing to account for certain key considerations.