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 ...
Divorce is a complex and emotionally charged process that also brings substantial financial considerations, with three of the most significant financial aspects of a divorce being alimony (spousal ...
In its ruling (2024 INSC 961), the Supreme Court outlined eight factors that affect how alimony amounts are calculated. While presenting these seven factors, the Supreme Court mentioned that these are ...
How many of you thought alimony was no longer deductible? Well, it is still deductible, but only for divorces that occurred prior to 2019. (There are a lot of folks paying alimony from pre-2019 ...
We’ve all heard the song, and we all know the lyrics – “You gotta know when to hold ‘em, know when to fold ‘em, know when to walk away, know when to run.” These prophetic words were sung by country ...
REFORM ADVOCATE : Stephen Hitner, owner of Marlborough-based MetroWest Printing, has been pushing for reform of the state's alimony rules. PHOTO/MATT PILON Marlborough business owner Stephen Hitner’s ...