Divorce can be simple or it can be messy. For some, it's become a little more urgent. The $1.5-trillion tax overhaul includes the end of a 75-year-old deduction on alimony payments, to kick in at the ...
Generally, whether a payment is alimony depends on IRC section 71(b). Alimony and separate maintenance payments (collectively referred to as alimony) are taxable to the recipient and deductible by the ...
The law mandates women have a right to get financial support from their spouse during separation or following a divorce. This financial support is called alimony, however, it's not as simple as it ...
IRC section 215(a) says an individual who makes alimony payments may deduct them and the recipient must include them in his or her gross income. Under IRC section 71(b)(1), payments must meet four ...
A man has been backed online after sharing his decision to end alimony payments to his pregnant ex-wife upon learning she had moved in with her new boyfriend. Posting under the handle Key-Dot-8409, ...
JACKSONVILLE, Fla. – Divorce isn’t just emotional—it’s financial. And one of the biggest stressors in any separation is the unknown around alimony. How much will it be? Who pays who? For how long?
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