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 ...
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 ...
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 ...
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 ...
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 ...
(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 ...
Correction Appended: May 16, 2013 Debbie Leff Israel has a math problem. Like so many math problems, it’s also a romantic problem. In 2009, Leff Israel, a divorced math professor, connected on ...