Child support calculations in all States are heavily dependent on the income of the parents. While the income for W2 employees can be relatively straight forward, calculating the income of the self-employed can be substantially more difficult.
A self-employed parent may seek to minimize his income, and therefore child support payments, but hiding his income in his business. This can mean substantially less support for the child.
An analysis of the income of a self-employed parent’s income must begin with his or her business tax return. Below are four common places to spot hidden income:
We have had a lot of success in handling complex divorce cases where the spouse is a business owner or self-employed. If you have questions regarding divorce in Arizona and a self-employed spouse, give us a call at (602) 254-8880 to start your free consultation. If you’d like, you can send us a confidential email at your convenience.
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