What might happen when the federal tax deduction for alimony goes away

The federal tax law enacted in December may have spurred a race to the courthouse for divorcing husbands and wives who expect to pay alimony as a result of their coming split. The law will repeal the decades-old deductibility of alimony payments beginning with court orders issued Jan. 1, 2019. Spouses receiving alimony will no longer ...

Leave a Reply

Your email address will not be published. Required fields are marked *