Daily Archives: November 3, 2017

Under Trump’s tax plan, divorces are about to get a lot nastier

Under Trump’s tax plan, divorces are about to get a lot nastierBy Quentin Fottrell November 3, 2017 There’s no longer a silver lining to paying spousal support. President Trump’s tax plan unveiled this week will abolish tax deductions on alimony. This won’t impact people who have already agreed on their payment amounts but — assuming the…

Tax Proposal to Hit Divorcing Couples

Tax Proposal to Hit Divorcing CouplesNovember 3, 2017 President Trump’s tax plan unveiled this week will abolish tax deductions on alimony, and that could make future divorces nastier, writes MarketWatch. “This will create a total reevaluation of divorce cases,” said Malcolm Taub, partner and co-chair of the divorce and family law practice group at Davidoff Hutcher…