Spotify must have a playlist related to the already gut-wrenching experience called DIVORCE. Now, thanks to the Tax Cuts and Jobs Act of 2018, new ALIMONY tax rules will apply to a divorce or separation executed after Dec. 31, 2018. These changes can dramatically impact finances and therefore further intensify the divorce process. But before you hit PLAY, read Attorney Jeff Horn’s summary on the Tax Law and then reach out to us at 732.736.9300 for help in navigating through this process.
The Impacts of the Trump Tax Law on Alimony_FINAL11019