{"id":11517,"date":"2018-02-14T15:40:32","date_gmt":"2018-02-14T15:40:32","guid":{"rendered":"http:\/\/thefamilylawcorp.com\/?p=11517"},"modified":"2018-02-14T15:45:29","modified_gmt":"2018-02-14T15:45:29","slug":"2017-tax-law-mean-divorcing-couples","status":"publish","type":"post","link":"https:\/\/thefamilylawcorp.com\/index.php\/2018\/02\/14\/2017-tax-law-mean-divorcing-couples\/","title":{"rendered":"What Does the 2017 Tax Law Mean for Divorcing Couples"},"content":{"rendered":"

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\t\t\t\nWhat the 2017 Tax Law Means for Divorcing Couples\t\t<\/h2>\t\t
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Currently the person receiving alimony pays income tax on the alimony received.\u00a0 The alimony payer is able to deduct alimony payments from his\/her income, reducing the payer\u2019s tax burden.<\/p>\n

Beginning January 1, 2019, any alimony orders issued from that date forward, the tax burden for alimony will no longer shift from the payer to the recipient.\u00a0 Instead, it will remain with the payer, who is often in a higher tax bracket than the recipient.\u00a0 The new law could mean that the payer can\u2019t afford to pay as much alimony because there is no tax break, and the recipient will receive less alimony.<\/p>\n

To read more, see here<\/a>.<\/div><\/div>\n

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