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No More Alimony Deduction on your Taxes! Why and What does it Mean to your Rhode Island Divorce?

The Tax Cuts and Jobs Act generally eliminates the IRS alimony deduction for those that pay alimony and no longer requires alimony to be included in the recipient spouse's income on matters finalized after December 31, 2018. What could this alimony change mean in your divorce case?



This post first appeared on Rhode Island Divorce Tips By Attorney Chris Pearsall, please read the originial post: here

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No More Alimony Deduction on your Taxes! Why and What does it Mean to your Rhode Island Divorce?

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