May 04

Tax Exemptions for Children

For most families, having a child provides tax benefits, and these benefits can be negotiated during a child custody or divorce case. Dependent Exemption Generally, according to the Internal Revenue Code, a child can be claimed as a dependent by anyone

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Jan 02

3 Ways Tax Changes Will Affect Alimony in South Carolina Divorces

On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 into law, which made changes to the Internal Revenue Code. Some of those changes became effective on January 1, 2019. Alimony is money paid by one spouse to another after their

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