Skip to Content
Schedule a Consultation 309-673-0069
Schedule a Consultation 309-673-0069

Category: Divorce

Keeping taxes in mind during a divorce

Wed 7 Nov, 2018 / by / Divorce

When people in Illinois decide to end their marriage, they may be particularly concerned about how divorce will affect them financially. Asset division and spousal support can be some of the most contentious issues, and the changes coming in tax law with the new year in 2019 may make divorce …

How tax changes may affect divorce cases

Mon 8 Oct, 2018 / by / Divorce

Couples filing for divorce in Illinois may be affected by the federal Tax Cuts and Jobs Act (TCJA). The changes will especially affect those who are paying or receiving alimony. Beginning in 2018, parents who are head of household may be able to claim an additional $2,000 deduction per year …