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…
Read MoreCheating and divorce often go hand in hand. Infidelity, with all its emotional repercussions, breaks the basic tenet of civil and religious marriages that label the act adultery. But if one spouse cheats, does it mean the other spouse can get more money if they divorce in Pennsylvania? In short, no. But then again, maybe…
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