IMMEDIATE RELIEF FOR SMALL BUSINESS OWNERS UNDER THE NEW MANDATORY PAID LEAVE LAW

Last week, President Trump signed the Families First Coronavirus Response Act (FFCRA or the Act) enacting a temporary/mandatory paid emergency leave requirement and expanded the Family & Medical Leave Act. Generally: The Act takes effect on April 2, 2020. The Act impacts all private employers that employ 500 or fewer employees.  Paid Leave capped at…

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How to Minimize Spousal Support Taxes

For decades, the tax laws regarding spousal support went virtually unchanged: The paying spouse was able to deduct spousal support from their taxes, and the receiving spouse had to pay the taxes on it. In practical terms, that could help reduce the total being paid on the money and generally encouraged paying spouses to be…

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Beware the Medicaid Look-Back Period

Long term care options are often costly, especially for residential facilities. Some people assume that they’ll be able to count on programs like Medicaid to cover these. However, Medicaid is a needs-based program that takes the applicant’s assets and their ability to pay into account. Medicaid won’t start picking up the expenses of long term…

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Focus on What Matters in Child Custody

Child custody matters are often the most difficult facets of a divorce. When you’re trying to work out the details of this with your ex, it is imperative that you focus on what’s important. Allowing your attention to divert to other things can mean that you miss out on arrangements that are best for your…

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