As 2019 begins, the big news in divorce is implementation of the Tax Cuts and Jobs Act of 2017 ("Trump Tax”) and its key provision that changes the way alimony has been taxed for decades. Under old ...
Alimony has two important tax statuses. If you finalized your divorce before Jan. 1, 2019, the person who collects alimony pays taxes on this money. This means that the person who pays alimony can ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
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 own ...
NEW YORK — Congress’ giant tax overhaul will affect a number of deductions — even the one for alimony. Republicans delivered their sweeping plan to an exultant President Donald Trump, who signed it ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...
Forbes contributors publish independent expert analyses and insights. I write about your wealth and wellbeing during and after divorce. Balancing family dynamics when going through a divorce is never ...
Debbie Leff Israel has a math problem. Like so many math problems, it’s also a romantic problem. In 2009, Leff Israel, a divorced math professor, connected on Facebook with a friend from high school ...
The amount of alimony payable in gray divorce can be a surprise. Source: Rodnae Productions/Pexels Gray divorce refers to couples 50 and older. I recently spoke with Lili Vasileff, a Certified Divorce ...
Female breadwinners are ponying up for their exes more than ever. A recent American Academy of Matrimonial Lawyers (AAML) survey found that more than four in 10 lawyers (45%) had seen an increase over ...
Long a gripe of divorced men, more women feel burdened by spousal support. Sept.30, 2009— -- He got their second house, an investment property she had bought in Costa Rica, and a $96,000 annual ...
Money matters: Divorce can take a toll both emotionally and financially, as coping with the changes and new single status can be incredibly challenging. For women going through this difficult time, it ...