Friday, May 10, 2013

Mississippi Statute Change

MCA 43-19-101(e) has been amended, effective July 1, 2013, to provide that:
“In cases in which the adjusted gross income as defined in this section is more than One Hundred Thousand Dollars ($100,000) or less than Ten Thousand Dollars ($10,000), the court shall make a written finding in the record as to whether or not the application of the guidelines established in this section is reasonable.”

Right now the figures are $50,000 and $5,000.  For the most part this is not a huge change but for practical purposes makes the guidelines presumptively correct with higher income individuals where at times at the past you could occasionally get a deviation.

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