Here’s the real question: Do the new tax laws affecting alimony negatively affect you? On January 1, 2019, alimony will no longer be taxable to the recipient. Instead, it will be treated much like child support. Alimony will also no longer be tax deductible to the payor. That’s a huge blow to the
Alimony Tax Changes: Time Is Running Out To Make Your Best Deal
If you are either (a) presently paying alimony, or (b) thinking that in an impending divorce, you may be paying alimony, your time has almost completely run out to make your best deal. Visit a highly experienced divorce attorney as quickly as possible to understand current alimony tax law
Your Alimony Payments May Not Be Tax-Deductible: Here’s What You Need to Know
On January 1, 2019, alimony from new agreements and court orders will no longer be tax deductible to the payor of the alimony. Likewise, alimony will no longer be taxable to the person receiving the alimony. If you think you are going to be paying alimony, find a highly experienced divorce
Taxes and Divorce — Wasn’t the Divorce Enough Trauma?
Your divorce attorney is likely NOT a tax attorney. However, your divorce attorney should alert you to potential tax related issues from your divorce and get you to see a tax attorney – sometimes during the divorce process, sometimes afterwards. Tax planning upon divorce is big stuff. Consider
