Alimony Under Post-2018 Divorce Decrees and Separation Agreements
Alimony paid under a divorce decree or separation agreement that was finalized after December 31, 2018, is not taxable to the recipient-spouse or deductible by the payor-spouse. Alimony under pre-2019 decrees or separation agreements continues to be taxable to the recipient-spouse and deductible by the payor.
This general business credit is a percentage of the amount of wages paid to a qualifying employee while on family and medical leave for up to 12 weeks per taxable year. The credit is generally effecti
The Tax Cuts and Jobs Act does not change the prior law rule disallowing a deduction for the expenses of maintaining and operating facilities used to entertain clients and customers. Examples of enter
The Tax Cuts and Jobs Act does not change the prior law rule disallowing a deduction for dues or membership fees for country clubs, golf and athletic clubs, airline clubs, hotel clubs, business lunche