The new tax law makes alimony non-tax-deductible for the payer and non-taxable for the recipient, for divorces finalized after Dec. 31, 2018, thereby eliminating the existing tax incentive for bigger support payments. The existing deduction…
As parents, we agonize over how to best support our children to be successful. We spend many of our waking moments making sure they eat healthily, exercise and have the best opportunities in life available…
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