TAX ALERT: POSSIBLE REPEAL OF SECTION §1309 – DEDUCTION FOR ALIMONY PAYMENTS

Florida AAMLNews You Can Use

TAX ALERT POSSIBLE REPEAL OF SECTION §1309 – DEDUCTION FOR ALIMONY PAYMENTS The recent Tax Reform Bill presented by the House of Representatives includes a provision to eliminate the tax deduction for alimony payments effective January 1, 2018.  The alimony deduction will not be available for all divorce decrees, separation agreements and modification orders entered beginning January 1, 2018. The … Read More