Alimony

Alimony Deduction Tax Bill
Amy Saunders, Esq.

Alimony Payers Lose Tax Deduction Under GOP Bill

The final version of the new alimony deduction tax plan is in effect. The new alimony deduction tax bill affects divorces carried out after December 31, 2018. The new rule won’t affect anyone already paying alimony. This move makes ending marriages an even more drawn-out and expensive process, and could be particularly painful for lower-income couples. This

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Alimony Deduction Tax Bill
Amy Saunders, Esq.

Alimony payers lose tax deduction under GOP bill

The final version of the alimony deduction tax plan, which was released Friday and is set for votes next week. This move could make ending marriages an even more drawn-out and expensive process, and the change could be particularly painful for lower-income couples. If the alimony deduction tax bill becomes law, the alimony deduction repeal would affect

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