The New Tax Law will Change Divorce Tactics

The New Tax Law will Change Divorce Tactics

When couples divorce, financial negotiations often involve alimony. The tax rules regarding alimony were dramatically changed by the Tax Cuts and Jobs Act (TCJA) of 2017, but existing agreements have been grandfathered. In addition, the old rules remain in effect for...

Tax Reform Update: Compromise Reached

Tax reform has been a high priority for the Trump administration and the Republican party for several months. The effort to significantly change the current tax code started in mid-November when the House passed its tax reform legislation. Additional steps were taken...