Blog Posts in Taxes

How Did the Alimony Tax Deduction Use to Work? For decades, the Internal Revenue Code allowed taxpayers to deduct payments made toward alimony from their taxable income for federal income tax ...

The United States Tax Court recently held that divorce does not cut off a stepparent’s relationship with their stepchildren, at least for the purposes of receiving the dependency exemption on their ...

Sometimes people who are going through big life changes – such as marriage or divorce – forget about the more practical things in their lives that could carry some consequences for them in the future. ...