Divorce and Alimony Under the New Tax Code

Tax Cuts and Jobs Act effective date, divorce attorney, abogado de divorcio
Tax Cuts and Jobs Act

********

Divorce and Alimony Under the New Tax Code

With the Tax Cuts and Jobs Act, comes news questions and maybe not enough answers. As of lately, the legal community has been discussing the issues of alimony payments under the new tax law.

Tax Cuts and Job Act/Alimony

Before, it was simple enough- the spouse paying alimony received a tax deduction which was always helpful in Mediation, and the receiving spouse paid income tax on the alimony payments received. However, with the new tax law, the alimony deduction might be lost and federal taxes on it are to be paid. Which means at a mediation, this accounting has to be taken into consideration and you have to seek the services of a financial adviser, CPA, or tax attorney before you sign on the dotted line.

USA Today wrote an excellent article on this issue. Follow this link for the full article.

Alexander Hernandez, Esq.
Twitter- @mcatty_alex

 

domestic violence lawyer, roy miller wife, roy miller nfl wife, divorce attorney near me, cheap divorce lawyerRoy Miller’s Wife Seeks Divorce After Domestic Violence

Last year, Kansas City Chiefs lineman Roy Miller was cut from the team after he was charged with domestic violence in Jacksonville, Florida. Miller was also a defensive tackle for the Jacksonville Jaguars.

 

the real housewives of orange county, family law attorney, abogado de divorcio en jacksonvilleThe Real Housewives of Orange County Divorce

Shannon Beador from the The Real Housewives of Orange County is being accused by her husband, David, of  “excess drinking,” and alienating him from his own children, a common accusation in divorce cases.

 

divorce attorney jacksonville, abogado de divorcio, divorce lawyer free consultationAshton Kutcher Tries “Wild” to Handle Demi Moore Divorce

How did Ashton Kutcher handle his divorce from Demi Moore? He took off hiking for seven days with no food.

 

 

divorce attorney, abogado de divorcio, sheriff clarke, president trumpControversial Sheriff Clarke Getting Divorced

Controversial Sheriff Clarke is getting a divorce from his wife of twenty-two years.

 

 

 

divorce attorney jacksonville, abogado de divorcio en jacksonvilleSixty-Seven Years Later- Time for a Divorce

After being married for 67 years, millionaire couple is calling it quits, and it is a nasty divorce.

 

 

%d bloggers like this: