One Step at a Time: Biz-Income Calculations: Guideline Income Manual for Legal and Accounting Professionals


This manual is designed to assist legal and accounting professionals in properly determining a person’s guideline income. The manual defines key terms encountered in guideline income calculations, and then outlines, in detail, steps and considerations involved in preparing guideline income calculations and reports. It includes a discussion of deductions and inclusions, imputing income, employee expenses, and dealing with businesses, among other things.

The manual includes the following as appendices: summary of Alberta child support decisions dealing with amortization, depreciation, and capital cost allowance; business practice suggestions; sample instruction letter to an accounting expert; mandatory documentation checklist; and sample and fillable business expense disclosure worksheets.

This paper is part of a collection presented at LESA’s Business Issues in Family Law Matters program in Calgary on January 17, 2018 and in Edmonton on January 24, 2018.

This document is an electronic product in Adobe PDF format. Shortly after your purchase, you will receive an e-mail with instructions on how to download the complete PDF.   

Click here to view some sample pages.