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Tag: tax laws

New 2019 Tax Law Affects How Alimony is Calculated.

Alimony is no longer tax deductible to the person paying alimony and can no longer be counted as income for the person who receives alimony. The 2019 tax laws have set the Massachusetts family law Bar into an uproar making it very difficult to resolve cases that involve alimony. Prior to Jan 1, 2019, the standard alimony calculation was 30 to 35% of the difference between the income of the Payor and the Payee. But

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