Tag Archives: Tax Bill and Alimony Payments
Tax Bill Would Repeal Income Tax Rules for Alimony Payments
Amidst all the concerns of divorce, the tax consequences of property settlements and the payment of alimony are not commonly on a spouse’s radar. Property settlements can result in significant tax liability if not correctly structured, thereby reducing the real value of the acquired assets. When it comes to alimony, the party who pays… Read More »