For years, spousal maintenance (alimony) has been calculated and negotiated knowing that spousal maintenance is deductible in the obligor’s income and is included in the recipient’s income for tax purposes. It made it an easier pill to swallow for high-income obligors who were able to deduct a large chunk of their income each year for spousal maintenance payments. However, beginning December 31, 2018, that is coming to a change. See the attached article for a deeper look into how the new tax law will impact divorce cases with respect to spousal maintenance. Contact one of our experienced family law attorneys to discuss how this new change may impact you and your family.
http://www.abajournal.com/magazine/article/divorce_calculations_into_turmoil
