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On today's episode of Coin For Thought, we have Kelly Ross from Ross Professional Corporation. We discuss how spousal support and child care benefits are taxed by the government. We also discuss how people should not be relying on spousal support as things can change year over year and more importantly how cashing out funds to pay a lump sum spousal support may have huge tax repercussions.
If you'd like to work with Kelly, all her information is below.
Ross Professional Corporation
416-588-4474
[email protected]
https://rosspc.ca/
Divorce 101 from an Accounting Perspective
On today's episode of Coin For Thought, we have Kelly Ross from Ross Professional Corporation. We discuss how spousal support and child care benefits are taxed by the government. We also discuss how people should not be relying on spousal support as things can change year over year and more importantly how cashing out funds to pay a lump sum spousal support may have huge tax repercussions.
If you'd like to work with Kelly, all her information is below.
Ross Professional Corporation
416-588-4474
[email protected]
https://rosspc.ca/
Divorce 101 from an Accounting Perspective