» tax deduction

Linda Hoffmann

SPOUSAL SUPPORT (ALIMONY) CHANGES

The new federal tax plan adopted in December 2017 eliminates the tax deduction for spousal support payments (commonly called alimony). This change may make negotiating a settlement more difficult and expensive and place a real burden on low-moderate income couples. In Ohio, spousal support is an award of a payment in a divorce or dissolution that is separate from child support. The payment is made to a former spouse who earns less money. Under pr… Read More
Read More