Spousal support is taxable as income for the recipient spouse and deductible from the paying spouse’s income. However, the paying spouse should be careful when claiming spousal support payments as a deduction. First, spousal support should be paid pursuant to the...
Month: March 2017
Happy Iranian New Year or “Norooz” from Separy Law P.C.
Important changes in the treatment of child support for individuals in receipt of Ontario Works and Ontario Disability Support Program
The recent changes in the treatment of child support have increased the monthly support for almost 19,000 single parents in receipt of both social assistance and child support in Ontario. Until this year, child support payments received by recipients of Ontario...
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