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Posts tagged "Tax Cuts and Jobs Act"

Tax Cuts and Jobs Act Impacts

As most are aware, the Tax Cuts and Jobs Act passed in December 2017, will become effective on January 1, 2019. While there will be a major impact on several different facets of tax law and reform, the Act will implement a major change in family law, specifically the divorce arena. Section 11051 of the Act will repeal the ability of the payer to deduct payments from their taxes and change how the recipient's alimony is taxed.

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