Changes In the Tax Rules Associated With Spousal Maintenance (Alimony)

alimony and spousal maintenance

The Tax Cuts and Jobs Act, recently approved into federal law, is bringing a major change to the divorce arena. Specifically, the issue of alimony (or “spousal maintenance” as it is called in Arizona) will be changing in terms of how it is counted for tax purposes.The Old Spousal Maintenance Tax SystemHistorically, the general rule was that if you had … Read More