New Tax Bill Would Remove Tax Deductibility of Alimony Payments
The Tax Cuts and Jobs Act, announced on November 2, includes a provision which would eliminate the deduction given to those taxpayers who make alimony payments, also called spousal support.
Alimony. How Much is Enough?
How much alimony is needed? And how long should it be paid? How do you find the right number? As a Certified Divorce Financial Analyst, I project 20 years into the future for both parties. All expenses, income, assets and liabilities are included. Essentially, this is a full financial plan for each person
