The first tax filing following divorce can be difficult for your clients, and it's not just about deductions and credits. For financial advisors, it requires empathy and attention to detail.

The tax change on alimony was not an act of altruism. The Joint Committee on Taxation has estimated this single provision will increase revenue to the IRS by approximately $6.9 billion over 10 ...

Alimony and child support are terms used in discussions surrounding divorce and separation, but they refer to very different financial responsibilities.

Who gets alimony and for how long comes with a whole new formula, designed to make it fair for everyone. But some ex-spouses say the new rules have created a hardship that is unfair and unjust.

The Telangana High Court dismissed a woman's appeal seeking divorce claiming 'marriage fraud', after noting that she was ...

Alimony dates back centuries. The original idea was that once married, a man is responsible for a woman till death. But that notion has shifted in recent decades, as more women have jobs and their ...

Discrepancies between the amount of alimony deducted by payers and reported as income by its recipients increased by 38% in six years, to $3.2 billion for tax year 2016, the Treasury Inspector General ...

Yes, regular alimony payments can be modified (up or down). As some NFL ex-wives may soon discover, a judge can reduce alimony if there is a significant negative change in the payor’s financial ...