Government programs rolled out during the coronavirus pandemic may impact the divorce process for some individuals.
During the pandemic, the federal government provided financial assistance to businesses and individuals/families. As a business owner, you may have received a loan from the Paycheck Protection Program. As a taxpayer, you may have received stimulus checks. As a student loan debtor, you may have received a deferral from making your monthly payments. These and other government programs may affect your taxes, child support calculations, and division of liabilities during your divorce process in 2021. This article describes some of these programs and what to consider.