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What do you need to know about coming changes to taxation of alimony/maintenance?

Most people don’t know much about alimony – a mechanism whereby a higher earning ex-spouse takes care of a lower earning ex-spouse for a period of time, variously referred to as “maintenance” or “spousal support” – until faced with divorce. Even for lawyers and judges, finding a consistent pattern to how alimony is applied in divorce is a challenge. On top of the already complicated structure of alimony, couples contemplating divorce this summer have an additional issue to face. The federal tax law is changing for divorces, effective in 2019. At that time, alimony will no longer be a tax deduction to the payer, nor taxable as income to the recipient. However, for those divorced before the en

Local Professional Resources

Trusted professionals and other resources.

Public records of current legislation.

Free legal services (including divorce clinics) for unrepresented, income-qualifying parties.

Local and national resources for victims of any kind of abuse by intimate partners.

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Conscious Family Law & Mediation LLC

3775 Iris Avenue, Suite 4

Boulder, Colorado 80301

1+ (303) 415-2040

info@consciousfamilyfirm.com

 

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Conscious Family Law & Mediation LLC serves Colorado residents (including same-sex and other alternative families) statewide with mediation, and with representation in Boulder County, Denver County, Broomfield County, Larimer County, Adams County, Weld County, and Jefferson County.