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Tag Archives: Alimony Payments

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How Alimony Payments May Change Under the Tax Cuts and Jobs Act

By HVW Law Group |

For divorced and divorcing taxpayers, alimony will be treated a different way beginning next year. As part of the larger tax overhaul last year, the Tax Cut and Jobs Act eliminated the ability of alimony-payers to deduct their support payments each year on their federal taxes. Instead, the person receiving the alimony payment will… Read More »

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