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Spousal Support

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Support payments and taxes

The Confusion Between Support Payments and Taxes

Personal TaxBy Sam SeidmanApril 19, 2014Leave a comment

 It has been generally said that taxes is not a topic of conversation that most people want to get into, yet on occasion it does happen.  This is when the confusion about how our tax system relates to the individual can really set in.   For example, one individual who is paying child support states…

What is Your Spousal Payments Doing To Your Taxes?

Personal Tax, Tax Planning, Tax RulesBy Sam SeidmanSeptember 13, 2013

If you are in the situation where you are either receiving spousal payments or making them you may not know what your tax obligations are when it comes to Canada tax. Your circumstances will determine what this is. If you have not made any written agreement or are not making payments because of a court order…

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