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 ...

It is not widely known that even if you are not yet divorced, if you did not live with your spouse for the last six months of the year, you may qualify for head of household (HOH) status, which is ...

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 ...

If you are among the millions of Americans who still haven't filed their taxes, here are some last-minute tips to keep in ...

For The Payer Regardless of the payment method - lump sum or periodic - alimony payments are considered personal expenses and are not tax-deductible for the payer. Before Divorce: Transfers without ...