Tag Archives: Alimony

Deductible Alimony Becomes Non-deductible??

Recently released, TC Memo 2013-166, reiterates the power the tax law has, even over your divorce agreement. In Summary, the tax court held that a taxpayer cannot deduct a lump sum payment to his former spouse as alimony. The lump … Continue reading

Posted in Family Offices & Multi-Family Offices, Law Practice Advisory, Small Business, Tax | Tagged , , | Comments Off