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The Supreme Court ruled that previous alimony can't impact disputes in a new marriage, resolving a case involving a couple's ...
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Brandon Blackstock, singer Kelly Clarkson's ex-husband and famous talent manager, has died after battling cancer, his family ...
Under current law, the payer would have a tax bill of $13,015, based on income of $68,000 net of alimony. The recipient would pay $4,183 in tax on the alimony. Combined tax: $17,198.
That is not the part that I found interesting. Here is the interesting part. At trial petitioner asserted that the $50,000 of alimony she reported on her 2007 tax return should be nontaxable.
Alimony and child support are terms used in discussions surrounding divorce and separation, but they refer to very different financial responsibilities.
The matrimonial bar is grappling with the effect of a tax bill passed by Congress and signed by President Trump at the end of 2017, which removes the option for divorcing spouses to pay alimony ...
Alimony dates back centuries. The original idea was that once married, a man is responsible for a woman till death. But that notion has shifted in recent decades, as more women have jobs and their ...
Alimony was treated as a highly favorable, above-the-line tax deduction that reduced your taxable income even before your adjusted gross income was calculated. You can take above-the-line ...
Yes, there are. For instance, in certain circumstances, divorcing women should consider the benefits of an Alimony and Maintenance Trust (also known as a Section 682 Trust).
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