new tax law

Under current IRS law, spousal maintenance and alimony are deductible by the paying party and must be reported as income by the receiving party.  This arrangement is advantageous to couples going through a divorce and planning to include spousal maintenance or alimony in their property settlement because the higher earning spouse is paying taxes at a higher rate than the receiving … [Read more...] about Spousal Maintenance and Alimony won’t be Deductible in 2019