Its tax season once again and, starting Monday, the Internal Revenue Service is ready to process your tax return. As you prepare your 2019 taxes, there are changes to the tax treatment of spousal maintenance to keep in mind. The Tax Cuts and Jobs Act enacted new tax rules regarding spousal support payments, also known…Read More
Evidence of Cohabitation May End Alimony Payments
Enthusiastically supported by grass-roots alimony reform groups, a proposed Minnesota Alimony Reform bill (HF 1333) would require that payments end when the payee provides evidence of an ex’s cohabitation. If passed, payers of alimony turned sleuths may want to include the presence of joint bank accounts, shared living expenses, recognition of the relationship by family…Read More
