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2018

Blog Posts in 2018

  • Changes are Coming for Alimony Taxation

    The new tax law will have a big impact on families going through a separation or divorce. Alimony (known as spousal support in Virginia) has long been considered taxable income for the recipient and deductible from the payor’s income. Beginning January 1, 2019, that deduction is repealed. In other words, the payor of spousal support will be responsible for paying taxes on that income, not the ...
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