Blogs

New tax bill: U.S. Treasury vs. Alimony recipients?

By Elissa C. Goldberg / March 2, 2018

Why were alimony deductions for payors eliminated (for divorces after December 31, 2018) by the Tax Bill of 2017? Most likely it’s due to a disparity in tax reporting by individuals over many years. While legislators searched for ways to replace the enormous revenue cuts the bill proscribed, alimony was an easy target. According to…