Blog Posts in October, 2017

Tax Effects of Alimony in New York

Given the fact that the end of the year is around the corner, divorcing spouses are curious to know, “How does alimony affect my taxes?” Here in New York, we refer (alimony) payments to one’s spouse as spousal support and spousal maintenance respectively. During a separation, the payments are called “spousal maintenance.” Any such payments made after the divorce are called spousal maintenance ...