Blogs

Tax Bill: No More Pennsylvania Alimony Deductions in 2019

By Elissa C. Goldberg / January 8, 2018

Alimony will no longer be tax deductible for payors for divorce or separation agreements signed after December 31, 2018. This is according to the new tax bill passed by Congress and signed by the President in 2017. Consequent to this tax change, recipients of alimony who, according to an Associated Press story are 98% female, will no longer…

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Tax Cuts Might Impact Alimony

By Elissa C. Goldberg / November 27, 2017

Tax deductions are on the chopping block in the House tax reform bill that passed November 16, 2017 which, in turn, would put more pressure on divorce negotiations across the country. The pending Senate version would leave things as they are. If the House bill clause survives Senate revisions this week, anyone paying alimony for…

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Pennsylvania: Taxes on Alimony – who pays them?

By Elissa C. Goldberg / January 3, 2017

If you pay or receive alimony, who pays the taxes? The quick answer under federal tax law is: if you are receiving “qualifying” alimony payments, you must declare the payments as income and pay taxes on the amount received. If you are making the alimony payments, you are able to deduct the amount you have…

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