by Richard A. Finci | Jul 16, 2012
Under federal law, the child care credit may be claimed on either a joint tax return or on a separate return by a person eligible as “Head of Household.” The child care credit provides tax credits based on income levels for employment-related child care expenses up to... by Richard A. Finci | Jul 16, 2012
A taxpayer who adopts an eligible child can claim a tax credit up to $10,000 per child for qualified adoption expenses, plus cost-of-living adjustments. An “eligible child” includes any person who is under age 18, is physically or mentally incapable of self care or is... by Richard A. Finci | Jul 16, 2012
Absent a written Agreement between the parties, the Maryland Court cannot require either spouse to maintain life insurance for the other spouse’s benefit or for a child’s benefit. However, parties are free to enter into a written Agreement which requires life... by Richard A. Finci | Jul 16, 2012
Typically in Maryland, the custodial parent is responsible for payment of a minor child’s uninsured medical expenses (e.g. co-payments or deductibles) from child support paid by the non-custodial parent. However, if the child’s uninsured medical expenses are... by Richard A. Finci | Jul 16, 2012
Yes, in Maryland the Court can require one spouse to continue or reinstate (if cancelled) the other spouse on their group health insurance policy. A spouse can usually be included under a group health insurance policy until the date of the parties’ divorce. Upon...