When negotiating a divorce settlement in Missouri, litigants may face tax ramifications from property and support issues that are involved. One tax rule that impacts family law negotiations, for example, is that a sale of real estate by husband and wife that was used as a primary residence for at least two of the past five years allows for a tax exclusion up to $500,000 if filing jointly or up to $250,000 each if filing separately. Each person seeking the exclusion must prove having lived in the property as a primary residence for two out of five of the previous five years.
Workers' compensation claims are reduced by safety measures
Safety is a concern for both employers and workers in Missouri industries and business entities. Deficiencies in safety at the workplace results in more injuries to workers and hence more workers' compensation claims for employers to contend with. There are several common injuries that occur at work. Safety measures to reduce the incidence of such injuries are also generally known but not always implemented.
