Q: I am in the midst of negotiating a divorce settlement. My soon to be ex-wife and I apparently have some flexibility regarding the allocation of child support versus spousal (alimony) support. From ...

Taxes are already complicated enough without adding divorce or dependents to the mix. But if you’ve been making or receiving alimony or child support payments, you need to know how those payments ...

Learn how alimony is taxed and other tax reporting tips you should know while filing taxes after a divorce. When you’re thinking about filing taxes after a divorce, you may want to know how your taxes ...

Despite being paid 83 cents for every dollar men earn 40% of families, there’s been an increase of women paying spousal support to men. Mary J. Blige can attest to this and recently shared her ...

I went to court last week and my attorney and ex-wife's attorney wrote a settlement that has me paying her approximately $83,000 in spousal support over the next 5 years. In the declaration, it states ...

The Tax Court held that spousal support payments received by a taxpayer from her ex-husband prior to the fourth and final support reduction were alimony payments, not child support, since the final ...

The formula created to determine the New York spousal support (maintenance) guidelines was created assuming that the support calculated would be fully taxable to the payee and deductible to the payor.

The Tax Cuts and Jobs Act enacted new tax rules regarding spousal support payments, also known as alimony. In divorces finalized after January 1, 2019, the person paying spousal support can no longer ...