Taxes are already complicated enough without adding divorce or dependents to the mix. But if you’ve been making or receiving alimony or child support payments, you need to know how those payments ...
Divorce is a complex and emotionally charged process that also brings substantial financial considerations, with three of the most significant financial aspects of a divorce being alimony (spousal ...
The requirements that determine whether payments between ex-spouses qualify as alimony were discussed in a tax case in the November issue of the JofA (“ What Makes It Alimony? ” page 95) If payments ...
In a split decision, the Ninth Circuit Court of Appeals reversed the Tax Court to hold that a taxpayer could not deduct as alimony the half-interest in his vested pension benefits he paid his ex-wife ...
NEW YORK (AP) — Congress' giant tax overhaul is poised to reach virtually every corner of American life – even Splitsville. Republicans delivered their sweeping plan to an exultant President Donald ...
In most states, alimony is based on the financial needs of the recipient and the payer’s ability to pay. If the payer dies, the alimony order is terminated. One of the most effective ways to secure ...
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