Why Waiting Can Cost You: Racing the Clock to Keep Your Alimony Tax Deduction

by Shawn Weber, JD, CLS-F | Oct 14, 2018 | Uncategorized

by Mark Hill, CFP, CDFA and Shawn Weber, CLS-F With the passage of the Tax Cuts and Jobs Act of 2017 (TCJA), the deductibility of alimony or spousal support on federal taxes is set to sunset on December 31, 2018. If you plan to divorce or are in the process of a...

Why Waiting Can Cost You: Racing the Clock to Keep Your Alimony Tax Deduction

by Shawn Weber, JD, CLS-F | Oct 14, 2018 | Uncategorized

by Mark Hill, CFP, CDFA and Shawn Weber, CLS-F With the passage of the Tax Cuts and Jobs Act of 2017 (TCJA), the deductibility of alimony or spousal support on federal taxes is set to sunset on December 31, 2018. If you plan to divorce or are in the process of a...

I Have An Alimony Order in California – What is a ‘Gavron Warning’?

by Shawn Weber, JD, CLS-F | May 14, 2018 | Uncategorized

What is a Gavron Warning? The idea of the “Gavron Warning” came from the case In Re Marriage of Gavron, (1988) 203 Cal.App.3d 705, 250 Cal.Rptr. 148. In this case, the parties separated in 1976 after a 25 year marriage. Subsequently, the court ordered the...

Video FAQ: I have a California spousal support order. What is a “Gavron Warning”?

by Shawn Weber, JD, CLS-F | Mar 16, 2015 | Uncategorized

Can I deduct my divorce or family law legal fees on my taxes?

by Shawn Weber, JD, CLS-F | Oct 15, 2011 | Uncategorized

Generally, divorce fees are not deductible. The general rule is that divorce is a personal expense and is not deductible as a business expense. United States v. Gilmore (Gilmore I) (1963) 372 U.S. 39. So the short and easy answer is, “No.” However,...