“Lawyers are counseling couples considering divorce to do it this year — before a 76-year-old deduction for alimony payments is wiped out in 2019 under the Tax Cuts and Jobs Act.”
The full article can be found here: https://www.politico.com/story/2018/02/04/tax-plan-divorce-alimony-marriage-389074
“Currently, alimony is taxable for the recipient but not the payer. The spouse paying the alimony can deduct it from income before the adjusted gross income is figured. (This is known as an "above the line" deduction.) The recipient then pays taxes on the alimony received. Going forward, however, this would be reversed: Alimony will be paid with aftertax dollars, and the recipient will not have to pay taxes on it.” The full article can be found here: http://news.morningstar.com/articlenet/article.aspx?id=844758
“British company the Co-operative Group — known as the Co-op — is aiming to make it easy for couples to split up, by offering customers a "digital divorce" service that can be completed in as little as four months.
It means a couple can formally separate without having to leave home and avoid costly legal fees potentially involved when visiting a lawyer's office.” For the full article, please click here: https://www.cnbc.com/2018/01/16/cost-of-divorce-uk-company-offers-online-separation-service.html
“Your divorce is personal and the facts and circumstances of others have very little to do with yours. Rely on your qualified team to help guide and assist you through the process.”
Read more here: https://www.forbes.com/sites/michaelkay/2018/01/09/alleviate-divorce-pain-avoiding-common-mistakes/#4104eef7604b
“A controversial proposal from officials in Gov. Scott Walker’s administration to reduce the amount of money wealthy parents pay in child support remains stalled nearly a year after the rule change was proposed.”
The full article can be found here: http://host.madison.com/wsj/news/local/govt-and-politics/catching-up-no-movement-on-new-child-support-rules-for/article_879684e3-7791-5edb-8984-17190dca3813.html
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Successful people ask better questions.
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Successful people ask better questions.
But on Aristotle’s view, the lives of individual human beings are invariably linked together in a social context. In the Peri PoliV he speculated about the origins of the state, described and assessed the relative merits of various types of government, and listed the obligations of the individual…