In January, Congress passed the American Taxpayer Relief Act of 2012. While the ATRA averted going over the "fiscal cliff," it presents many tax law changes that could have a tremendous impact on family law clients.
July 09, 2013 at 12:00 AM
1 minute read
In January, Congress passed the American Taxpayer Relief Act of 2012. While the ATRA averted going over the "fiscal cliff," it presents many tax law changes that could have a tremendous impact on family law clients. For example, let's consider a hypothetical divorced couple, Jim and Mary, with the following scenario:
• Jim earns $600,000 per year and Mary earns $50,000 per year.
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