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Client Alert – Big Changes to Alimony Under the Tax Cuts and Jobs Act

November 9, 2017

Amy P. De Shong

Amy P. De Shong discusses the possible changes to alimony under the Tax Cuts and Jobs Act.

Click here to read the Client Alert.

UPDATE:

December 19, 2017 – Per the statement of the House and Senate conference committee, the alimony deduction will be repealed for all Agreements entered on or after December 31, 2018 as well as modifications to such alimony provisions after that date, but only if the modification provides expressly that the parties intended this amendment to apply.

November 9, 2017 – The Senate Republicans issued their markup, which does not repeal the alimony deduction.