In Pennsylvania, each parent has a financial responsibility to support his/her children. Child support is calculated based on a formula. The formula takes into consideration many factors, including the time spent with each parent, income, expenses, and tax filing status.
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There are two important factors when considering child support: income and expenses.
Each party’s income is the most significant factor in a determination of child support. In determining income, a tax return may only show part of the story. Tax returns may show deflated income (possibly through depreciation deductions) or inflated income (possibly through pass through income that is not actually received).
The expenses associated with raising a child can vary and parents often do not have unlimited resources, especially during the divorce process. Levin Hoover assists clients to make smart decisions and understand the factors that are considered, and are not considered, when making a child support determination.
Levin Hoover assists client to present true income and true expenses to use in a child support calculation.