Taxes Too High After Your DIY Divorce? How To Fix Alimony Tax Mistakes
Way back in 2018, we spent a great deal of time alerting our readers to an upcoming new alimony tax change, and it was a big one: Any alimony order put in place after January 1, 2019 would force payor spouses to claim alimony payments as part of their taxable income, reversing the decades old rule of payors being able to deduct payments on their federal returns. Read more