Author: Brian Vertz

Courts Now Consider Reasonable Needs in High-Income Support Cases

In high-income child support cases, the parent who is paying child support might feel the guidelines provide more income than the custodial parent can reasonably spend, particularly for an infant or toddler. On the other hand, the child support guidelines were enacted years ago to ensure that all children at a particular income level are treated the same, with predictable outcomes that encourage parents to settle out of court. The […]

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Will Divorce Be More Expensive in 2019?

July 09, 2018 | Alimony, Blog, Complex Financial Issues, Divorce, Tax Issues

Icon for author Brian Vertz Brian Vertz

On December 31, 2018, the tax deduction for alimony will be ending under new federal tax laws.  If you are in the middle of a divorce, or thinking about it, you might want to sit up and take notice. As author of the legal tax reference Frumkes & Vertz on Divorce Taxation, I’ve been reporting on and teaching colleagues all about these changes. Here are some explanations why decisive action […]

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Should I File a Joint Tax Return with My Separated Spouse?

April 01, 2018 | Blog, Divorce, Tax Issues

Icon for author Brian Vertz Brian Vertz

Spouses who are separated, but not yet divorced, might wonder whether they should file a joint tax return. When spouses file their taxes together, each spouse can be held fully liable for the tax, as well as any interest or penalties that might accrue if the joint return is not accurate and complete.  In other words, you could be forced to pay additional tax if your estranged spouse fails to […]

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Settle Your Divorce Before the Alimony Tax Deduction Is Repealed

April 01, 2018 | Alimony, Blog, Complex Financial Issues, Divorce, Tax Issues

Icon for author Brian Vertz Brian Vertz

Spouses who are separated should act promptly to settle their divorce cases, before changes in the federal tax law make it more difficult next year. Back in December 2017, the U.S. Congress passed a law that makes sweeping changes in federal income tax. Many personal tax deductions have been repealed, including the right to deduct alimony from taxable income. The repeal of the alimony tax deduction affects divorce settlements and […]

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