Tax Reform, Divorce, and Alimony in 2019
Posted in: Alimony

Tax Reform, Divorce, and Alimony in 2019

July 23, 2018

In 2019, drastic changes to the way alimony payments are taxed are coming as a result of the release of the “Tax Cuts and Jobs Act“.  These changes will have dramatic effects on divorces in Passaic County, Paterson, Wane, Woodland Park and the entire state of New Jersey. It is critical to note that these changes will only affect alimony agreements signed after December 31st, 2018. This means existing alimony agreements and taxation will remain the same. These are significant […]

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