Comment on Get divorced before the new year or lose alimony tax deduction for as long as you both shall live

Get divorced before the new year or lose alimony tax deduction for as long as you both shall live

Divorcing couples may not agree on much, but this holiday season, many are working with a common goal: untie the knot before the new year to take advantage of the disappearing federal tax deduction for alimony payments. The alimony deduction, which creates billions of dollars in tax savings each...

 

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