Tampa Family Law & Divorce Attorneys

Tampa Divorce Attorney - Divorcing in 2018 There has been a lot of discussion as to how the new tax laws for divorcing couples and how this may effect the parties differently depending on circumstances.With each divorce being unique, divorcing couples need to be aware of how these new laws may effect them in the coming years. This is particularly true with regards to alimony and the tax ramifications for the recipient and payor of alimony. Tampa divorce attorney Nilo J Sanchez discusses how this may effect each party. How Taxation of Alimony is Changing The new law for divorcing couples will eliminate deductions for alimony payments ordered by 2019 divorce settlements. This means different things for each party depending on your circumstance. For instance; Paying Alimony in 2019 If you are ordered to pay alimony in 2019, payments will no longer be entitled to a tax deduction for alimony payments. Therefore, if you anticipate that you will be paying alimony to your...