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Divorce Is About to Get More Expensive

Divorce Is About to Get More Expensive

The change in tax laws affects how alimony and child support are treated, going into effect for agreements signed after the end of the year. So, if divorce is in your near future, it might pay to try to beat the clock.

Ten months after the Tax Cuts and Jobs Act (TCJA) passed with great fanfare last year, we’re still finding out what it really does for us. If you think that you might join the ranks of divorced people this year or in the future, there are provisions of the TCJA that you may want to pay attention to.

Read full article (source: Kiplinger.com)

 

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