6 years ago
Alimony will now be taxed under GOP bill
Breaking up is hard to do. But the GOP tax bill could make it even harder, divorce lawyers say. The final version of the tax plan, which was released Friday and is set for votes next week, eliminates the tax deduction for alimony payments. Divorce lawyers say this move could make ending marriages an even more drawn-out and expensive process, and the change could be particularly painful for lower-income couples.
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