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New Tax Law Alimony Effects


The new tax law introduces sweeping changes to the American tax code, including the way alimony payments are treated. For 75 years, the system enabled those paying alimony to deduct the payments from their taxable income. Beginning in 2019, that will no longer be the case. At present, the alimony deduction saves both spouses money. » Read More

 

January Is Divorce Month


According to a recent report, the number of divorce filings is highest between January and March of each year. The rate of filings begins to spike in January, reaching a peak in February and March. It is a fact that given the option, most people choose to wait until after the holidays to institute any » Read More