After years of marriage, there are likely to be strong feelings regarding spousal support. Here's how courts tend to view ...
Taxes are already complicated enough without adding divorce or dependents to the mix. But if you’ve been making or receiving alimony or child support payments, you need to know how those payments ...
Before we dive into ways to prepare for your post-separation support and alimony case, it's important to understand what each of these terms mean and your general eligibility for spousal support.
For restaurant owners, divorce brings a unique set of challenges—especially when it comes to financial obligations like alimony and child support. Unlike salaried employees with predictable income, ...
The Tax Court held that spousal support payments received by a taxpayer from her ex-husband prior to the fourth and final support reduction were alimony payments, not child support, since the final ...
Generally, whether a payment is alimony depends on IRC section 71(b). Alimony and separate maintenance payments (collectively referred to as alimony) are taxable to the recipient and deductible by the ...