As the federal shutdown continues, many workers are left wondering how it could impact their finances, including child ...
Q Can you deduct alimony payments? A Alimony is an amount paid to a spouse or former spouse under a divorce or separation agreement, and does not include child support payments or property settlement ...
IRC section 215(a) says an individual who makes alimony payments may deduct them and the recipient must include them in his or her gross income. Under IRC section 71(b)(1), payments must meet four ...
The Tax Court held that spousal support payments received by a taxpayer from her ex-husband prior to the fourth and final support reduction were alimony payments, not child support, since the final ...
After Nicole Kidman filed for divorce from Keith Urban on Sept. 30 following 19 years of marriage, the proposed terms for the former couple's spousal support payments were revealed.
Elvia says she's doing everything right — but Texas' new child support system is holding back payments, leaving her facing jail time and financial ruin.