Big Changes for the Tax Treatment of Alimony Payments

By |2018-04-09T23:33:45+00:00February 13th, 2018|Categories: Tax Cuts and Jobs Act, Tax Planning|Tags: , , , , , , |

Are you in the process of a divorce, or considering revisions to a divorce agreement?  Be aware that the recently enacted Tax Cuts and Jobs Act (TCJA) is bringing drastic changes to the tax treatment of alimony payments. Current Rules Current rules allow a deduction for alimony payments made pursuant to a divorce or separation [...]