The Tax Cuts and Jobs Act of 2017 (“TCJA”) did away with the long-standing provision allowing for deductions of alimony payments by the payor. Specifically, the TCJA adopted the prior definition of ...
Some angry but bottom-line-driven couples are hoping to celebrate the New Year by making sure they finalize that divorce by Dec. 31. The reason? Beginning in 2019, President Donald Trump's tax ...
When we hear that something’s being “reformed,” the general idea is that it’s being improved in some way. As in my post last week about new changes to credit card laws, reforms typically represent ...