Who will get the marital home is always an area of contention in divorce proceedings. And paying for the home is also a large consideration. Sometimes, the tax credits received from retaining the home comes into play in determining whether either party will retain it. In prior years, mortgage interest and property taxes were deductions available to the parties during the marriage. Beginning in 2019, the tax laws will change and reduce the deductibility of […]
ARTICLE 2 – NEW TAX LAW IMPACT ON MARITAL HOME DEDUCTIONS
By Shannon Simpson Jan 14, 2019 Posted in Articles