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Tag Archives: tax deductions for alimony

How the New Federal Tax Law Affects Alimony for Californians

The Tax Cuts and Jobs Act of 2017 (TCJA) went into effect on January 1, 2019. Because the act changes the ways in which alimony payments are taxed, those whose divorces are finalized in 2019 or later will be affected by the law. The IRS hasn’t issued formal regulations yet to provide us with more information […]

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