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Enactment of the “Alimony Reform Act” The “Alimony Reform Act” of Massachusetts (G. L. c. 208, §§ 48- 55) was enacted in 2012 ...
Tax deductions reduce your taxable income ... A few examples include: Alimony payments Business use of your car or home Health savings account contributions Student loan interest Teacher expenses ...
While ending a marriage is never easy, in addition to its emotional toll, navigating the financial aspects of a separation, especially taxes, can be tricky. Understanding how to file taxes, handle ...
It’s April 15 — otherwise known as “Tax Day ... received alimony, started a small business on the side, bought or sold a home, inherited an IRA or collected unemployment benefits. Most filers now take ...