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Tag: taxes

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March 27, 2018March 27, 2018
Category: Divorce TaxesTagged alimony, deduction, divorce, taxes, TCJA by: trainingresolved

Alimony and the New Tax Law

Current Tax Law  There are many questions surrounding the new tax law and how it impacts alimony payments.  Under the current law, alimony is tax deductible by the spouse paying it and is included as taxable income to the spouse receiving it. The current law is active in all divorces settled on or before December […]

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