Tax season can be stressful and may be particularly fraught with headaches this year. You’ll be able to weather those challenges easier if you’re prepared. Before you file your taxes, check to see if there are offsets that will take money from your refund.
As we mentioned a couple of weeks ago, the new tax law passed in 2017, and effective in 2018, has serious impacts for single fathers. The most glaring of these impacts – which also seems to be the least covered – is that it it completely does away with the deduction for spousal support (also […]
With very little fanfare, the new tax law that was passed at the very end of December, 2017, and which is effective in 2018, did away with the requirement that spousal support (previously known as alimony) receivers declare spousal support as income and, on the other side of the balance sheet, did away with the […]