UPDATED: Alimony Affected By Proposed Tax Reform Legislation
December 19, 2017 - The Senate/House Conference Report is out, and the alimony provision has some change – delaying the phase out of the deduction for one year. If the tax bill becomes law, the alimony deduction repeal would affect divorces entered after December 31, 2018. Under current law, alimony payments are deductible by the payer and taxed as […]
