Tax reform says get divorced now. Don’t wait.

Are you thinking of getting divorced?

Will you be paying alimony?

If you’re answering “yes,” I suggest you act this year.

Why? Because tax reform has changed the alimony game, and if you split up after 2018, you could wind up paying double the alimony.

Sure, divorce is painful. But having to double your alimony payments makes a difficult situation even worse.

To get the latest information on the relevant tax law, and save yourself a bundle, read my new article titled Tax Tips: Divorce? Alimony? Tax Reform Says Get Divorced Now—Don’t Wait!

Three ways our fact-filled article can help you:

1. We’ll explain the new tax law in detail. Here’s the punchline. Tax reform eliminates tax deductions for alimony payments that are required under post-2018 divorce agreements. Plus, the law creates new sets of winners and losers. We’ll tell you who they are when you read the full after-tax-reform article.
2. You’ll learn who qualifies for deducible alimony payments. In order to deduct alimony payments for federal income-tax purposes, the payments must meet eight specific requirements. We’ll tell you what they are when you read the full after-tax-reform article.
3. We’ll explain the tax-planning implications of the new law. To put it simply, timing is everything. Whether you’ll be the “payor spouse” or the “collecting spouse,” you need a smart strategy. We’ll give you all the information you need to come out a winner when you read the full after-tax-reform article.