2019 Federal Tax Laws Could Impact Your Divorce

2019 Federal Tax Law Changes Could Impact Your Divorce

The Tax Cuts and Jobs Act implemented in December 2017 will cause dramatic changes to the tax treatment of alimony payments as of January 1st, 2019, effectively reversing the tax treatment of payments by payers and recipients. Here, we’ll provide an overview of how the new law will affect divorce or separation instruments, and how tax professionals can learn more about the law in order to provide the best service to clients. Read More