Divorce brings enough financial changes without the added confusion of shifting tax laws. If you’re paying or receiving spousal support, it’s important to understand how these payments affect your taxes, especially in light of recent changes. Under the old rules, spousal support payments were deductible for the payer and taxable for the recipient. However, for…
The post Can I Write Off Spousal Support Payments on My Taxes? appeared first on Manassa Law P.C..