Tag: california alimony
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Spousal Support Payments Are No-Longer Tax Deductible if You Divorce After January 1, 2019
Spousal Support Payments Are No-Longer Tax Deductible if You Divorce After January 1, 2019 Divorce can be complicated, particularly where there are children involved. However, even cases involving significant amounts of spousal support are highly contentious. Prior to the 2019 change, The IRS provided a useful negotiation tool, making spousal support tax-deductible to the paying…