December 2017 Archives

Alimony won't be the same thanks to the new tax law

Everyone is talking about the new tax law set to take effect on Jan. 1, 2018. While there are some positive things being said about it, most people do not believe it will work to help the average American. Only time will tell. One thing that may affect you if you plan to file for divorce in the coming year or years, whether in Arizona or elsewhere, is that alimony will no longer be a deductible expense.

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