How the Federal Tax Cuts and Jobs Act Affects Divorcing Couples
If you’re currently in the midst of a divorce or considering one, it’s important to know how the Tax Cuts and Jobs Act (TCJA) affects alimony, or spousal support. The new law was signed by the president on December 22, 2017, but the rules affecting support didn’t take effect until January of this year. Before the TCJA became law, alimony…