August, 2018 | Parrino|Shattuck, PC

The Tax Burden Of Alimony Has Shifted

On behalf of Parrino|Shattuck, PC | Aug 4, 2018 | Divorce

Under the Tax Cuts and Jobs Act, starting January 1st of 2019, alimony payments will no longer be deductible from a payor’s income, nor will they be taxed as income to the payee.This change represents a dramatic change in the federal tax law as it pertains to...

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The Tax Burden Of Alimony Has Shifted

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