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0:45
nbcboston.com
End of Alimony Tax Deduction Hastening Some Divorce Negotiations, Attorneys Say
Divorce can be simple or it can be messy. For some, it’s become a little more urgent. The $1.5-trillion tax overhaul includes the end of a 75-year-old deduction on alimony payments, to kick in at the close of this year. Recipients will also no longer have to claim such payments as income. The impact of the change depends entirely on how ...
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