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What do you think about the posted articles? - The determination of alimony versus child support is very complex, and ultimately up to the attorneys
What do you think about the posted articles?
- The determination of alimony versus child support is very complex, and ultimately up to the attorneys and the courts, but I frequently have conversations with clients about how to structure payments to an ex-spouse in the most beneficial way for tax purposes.
- Technically speaking, every raffle prize is taxable income, which Im sure would come as a great surprise to most people. Think about all of the Fire Dept raffles, PTO drawings, community fundraising activities.The Oscar Gift Bags are clearly way over the top of what most of us will receive, but it illustrates the concept of taxable income from a prize, as the guy who won free donuts learned the hard way.
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