tax

How Will the Federal Tax Changes Affect Spousal Maintenance in Colorado?

July 05,2018

New Federal Tax Changes Affect Spousal Maintenance If you are receiving or paying spousal maintenance, if you are going through a divorce or considering divorce in the near future, the recent tax changes will likely affect you. Commencing in 2019 and as a result of the 2017 federal tax legislation, spousal maintenance is not taxable […]

New Tax Act Brings Changes to the Child Tax Credit

February 23,2018

With 2018 in full swing, there have been tax changes that recently passed that double the amount Colorado families can claim under the Child Tax Credit. In 2018, the previous $1,000 tax credit for each child was increased to $2,000.  The Child Tax Credit applies for each child under the age of 17.  The Act […]

New Tax Law May Lead to Surge in Divorces

February 16,2018

Benjamin Franklin once quipped that nothing in this world is certain except for death and taxes. No one likes to talk about either, which is similar to divorce. It may not be as inevitable, but according to the U.S. Census Bureau nearly 50 percent of all marriages will end in divorce. In Aspen, the rate […]