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 ...
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, ...
Editor’s Note: The 2017 Tax Act eliminated the deduction for alimony for tax years beginning after 2018, and provides that alimony and separate maintenance payments are no longer included in income of ...