Biggest Financial Mistakes People Make During a Divorce
Getting a divorce is no walk in the park. It is a complex and often confusing process. When you choose the San Diego Family Mediation Center for your divorce, you have the help of Certified Divorce Financial Analysts that can guide you through the entire process from start to finish. Often, our mediators come into […]
The Child Tax Credit And Divorce
By Tom Norton, CPA, CDFA The child tax credit is available to all parents of a child under age 17, and is worth up to $1,000. If the parents are divorced or were never married, only one parent can take the credit. A credit is a dollar for dollar reduction in your tax due. This […]
What Does Child Support Cover in California and How Is It Calculated?
Child Support in California Guidelines: For example, the custodial parent and noncustodial parent have one child. The noncustodial parent’s net income is $2,000 per month, resulting in a child support share of $500 per month. (25% of 2,000). If the custodial parent’s net income is $1,500 per month, the child support share is $375 per […]