Beroes Law Center

Serving Allegheny County and The Surrounding Areas Since 1992

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alimony Archives

Alimony may cost you even more because of tax law changes

In 2018, many divorcing couples in Pennsylvania rushed to finalize their divorce before new tax laws took effect on January 1, 2019. Why was this? CNBC notes that at the start of 2019, alimony payments were no longer tax deductible under the tax reform. In contrast, the person receiving the income no longer has to claim it as taxable income.

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