alimony taxation

Understanding the Tax Treatment of Alimony in Delaware After 2019: What You Need to Know

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Introduction to Alimony and Federal Tax Changes Alimony, historically known as spousal support or maintenance, serves a fundamental purpose in providing financial assistance to a lower-earning or non-working spouse following divorce or separation. The primary objective of alimony is to minimize economic disparity resulting from the dissolution of marriage and to sustain a standard of … Read more

Understanding the Tax Treatment of Alimony in Connecticut: Post-2019 Federal Changes

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Introduction to Alimony and Tax Treatment Alimony, often referred to as spousal support or maintenance, is a financial obligation awarded by a court in divorce or separation proceedings. Its primary purpose is to provide financial assistance to a lower-earning or non-working spouse, ensuring they can maintain a reasonable standard of living post-divorce. The determination of … Read more