Recent Posts in Alimony Category

  • Deductibility of Alimony

    Recent changes in family law are rippling across the nation, and may very well affect you and your marriage situation as well. A newly enacted change in the way alimony is handled will be significant in countless divorces, any of which occur after the date of which this modification takes effect--December 31, 2018. Essentially, any divorces finalized after the end of 2018 will lose the ...
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  • 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 ...
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