Will the Federal Tax Cuts and Jobs Act Affect Your Alimony?
People who are new to paying alimony will no longer be able to deduct their payments when they file their federal income taxes, thanks to the federal Tax Cuts and Jobs Act (TCJA) signed into law in 2017. This also means that those who receive alimony no longer have to report it as taxable income…. Read More »
What Is a No-Fault Divorce?
Many new clients at our family law firm have heard divorce referred to in different legal terms but are a bit unsure of their meaning. One such term is “no-fault divorce,” which clients sometimes confuse with “uncontested divorce.” No-fault divorce still requires the parties to reach consensus on important issues but eliminates the first point… Read More »