In a decision published on May 6th of this year the United States Tax Court held that the Treasury Department and the Internal Revenue Service were not bound by
Continue Reading US TAX COURT TAKES STRICT CONSTRUCTION OF CHILD DEPENDENCY DEDUCTION
exemption
DEPENDENCY EXEMPTIONS FOR CHILDREN – WHO TAKES THEM?
By Fox Rothschild LLP on
We all know that there is a dependency exemption available for children who live with us. But in a divorce situation, who gets to take the deduction?
Pursuant to the…
Continue Reading DEPENDENCY EXEMPTIONS FOR CHILDREN – WHO TAKES THEM?