What does the new tax law mean for alimony cases?

The tax deduction associated with alimony has long been an attractive feature for litigants who earn a high salary.  If you want to be able to deduct your alimony, you should get your case finalized before the end of 2018.  I encourage all of my high earning, high asset clients to consult with a tax professional.  Here is an informative article about the implications of the new law with regard to alimony.

https://www.marketwatch.com/story/new-tax-law-eliminates-alimony-deductions-but-not-for-everybody-2018-01-23#false

mjgoodwin

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