Tag: TCJA

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s 2018 dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s 2018 dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s 2018 dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s 2018 dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s 2018 dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s 2018 dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA), divorced, separated, or unmarried parents can no longer contest who claims their children’s dependency exemptions. This is because lawmakers completely eliminated the exemption, reducing it to $0 starting in the 2018 tax year. Passed by Congress in … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s 2018 dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress passed … Read More

The Tax Cuts & Jobs Act of 2017 (TCJA) drastically changed tax rules for American families. Among the most impactful reforms: the elimination of the dependency exemption for children starting in the 2018 tax year. Previously a key point of contention for divorced or separated parents, the dependency exemption is now valued at $0. This change, however, does not apply … Read More

Titanic shifts in the United States tax code continue to rock American taxpayers. Under the Tax Cuts & Jobs Act of 2017 (TCJA) if you are a divorced parent, separated spouses or an unmarried parent, you may now be unable to fight over their children’s dependency exemptions in 2018 because lawmakers have eliminated the exemption.In 2017, the U.S. Congress passed … Read More

The Tax Cuts & Jobs Act of 2017 (TCJA) ushered in sweeping changes that continue to reshape the tax landscape, particularly for divorced, separated, or unmarried parents. Among the most significant shifts: the elimination of the dependency exemption for children, long a key point of negotiation in custody disputes. Beginning with the 2018 tax year, the exemption was reduced to … Read More