Alimony is a court-ordered sum that one former spouse must pay to another due to a separation or divorce agreement. You might sometimes hear about spousal maintenance or spousal support, which are ...
As 2019 begins, the big news in divorce is implementation of the Tax Cuts and Jobs Act of 2017 ("Trump Tax”) and its key provision that changes the way alimony has been taxed for decades. Under old ...
Two years ago, a law was signed that got rid of most lifetime spousal support. Who gets alimony and for how long comes with a whole new formula, designed to make it fair for everyone. But some ...
Under current law, alimony is tax-deductible for the spouse paying it Under current law,the spouse receiving alimony pays tax on it On Jan. 1, alimony is not tax-deductible for the spouse paying it ...
I recently wrote Stay-at-Home-Mom Facing Divorce? Don't Expect Alimony, about the recent trend of states revisiting their alimony laws. In many states lifetime alimony is being challenged, and how the ...
We have written a lot about termination of alimony based upon cohabitation, both before the 2014 Amendment to the alimony statute making it easier, and after the Supreme Court’s decision in the ...
(Reuters) - If Hugh McSharry's marriage had come to an end a generation ago, he might have felt uncomfortable accepting alimony. But when his divorce was finalized almost two years ago, in February ...
On Saturday, Henry Rollins finally responded to days of criticism and apologized for a column he wrote that appeared critical of Robin Williams’ suicide. Rollins became just the latest media figure to ...
Discrepancies between the amount of alimony deducted by payers and reported as income by its recipients increased by 38% in six years, to $3.2 billion for tax year 2016, the Treasury Inspector General ...
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