North Carolina residents who are married or have plans to get married in the future should know that their occupation may be a factor in how likely they are to get a divorce. According to information collected in a 2015 American Community Survey, individuals with jobs that require working at night or a great deal of travel tend to have the highest rates of divorce in the United States. Individuals who have the lowest chances of getting a divorce include those who work as medical professionals, … [Read more...]
Archives for September 2017
Spousal support payments can be tax-deductible
It can be important for North Carolina divorcing spouses who will be paying alimony to pay close attention to tax law. By arranging to treat alimony in specific ways in the divorce settlement, spousal support will be recognized as tax-deductible for federal income tax purposes. Because the requirements can be specific, alimony deductions can be the subject of disputes. However, there are methods that divorced taxpayers can use to make sure they meet the federal guidelines. There are certain … [Read more...]
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