If you have children and you're in the midst of a divorce, you know that child custody can be one of the more contentious aspects between soon-to-be-ex-spouses. You've also likely heard the phrase "best interest of the child." Best interest refers to cases involving the determination of child custody and the factors a court will consider to reach the most positive outcome for the children involved.
In Colorado, more than 40 car accidents happen every day as a result of distracted driving, most of which involve cellphone use. State law has already banned the use of cellphones while driving for those under the age of 18. Now, some powerful forces are pushing to extend that ban to drivers of all ages.
In the past, maintenance payments were tax deductible by the paying party and taxable income to the receiving party. Recent changes to the tax laws that went into effect on January 1, 2019 change this dramatically.