February 2016

Although payment or receipt of child support has little impact on the income tax return of a California parent, there are some tax-related issues to consider related to child custody. Unlike alimony, which can be deducted by the paying party, child support is not deductible. Similarly, the parent receiving child support does not need to …

Income taxes and child support concerns Read More »

California parents who have physical custody of their children may appreciate the U.S. Department of Agriculture’s estimate that it can cost up to $250,000 to raise a child from birth to adulthood. In 2014, approximately one-quarter of all children living in families were in households with only one parent. Many of these types of families …

Custodial parents and child support payments Read More »