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 ...

Since the unveiling of U.S. House Republicans' tax reform bill, there has been a lot of buzz on the elimination of various deductions and credits and the impact on the average family if the proposed ...

There’s a rush to nail down divorce deals by New Year's Eve. After that, divorcees in 2019 will help fund tax cuts for corporate America that were enacted by the 2017 Trump tax reform. On Jan. 1, ...