It’s my annual “Taxes from A to Z” series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can
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Divorce & Tax Lessons You Can Learn From Brad Pitt & Angelina Jolie
Actress Angelina Jolie has filed for divorce from actor Brad Pitt, citing “irreconcilable differences.” From alimony to child support, here’s what you need to know about divorce and taxes.
Read MoreTaxes From A To Z: A Is For Alimony
Today, I’m kicking off my annual “Taxes from A to Z” series. As part of the series, I plan to focus on tax terms that
Read MoreAsk The Taxgirl: Voluntary Child Support
Taxpayer asks: If my husband has been making voluntary payments to his ex-girlfriend for child support, how is that treated for tax purposes? The purpose
Read MoreAsk The Taxgirl: Voluntary Spousal Support
Taxpayer asks: My husband and I went through a mediator instead of a divorce lawyer. Our MSA specifies a certain spousal support amount each month.
Read MoreTaking Tiger By The Tax Tale
I don’t play golf. Despite growing up in a town with no actual supermarket for years – and yet, three golf courses – I never
Read MoreAsk The Taxgirl: Child Support
Taxpayer asks: I am a single mom. My ex-husband did not pay support for his daughter for more than 5 years. He just came into
Read MoreAsk The Taxgirl: Should I Get Married?
Taxpayer asks: Last year, I moved in with my boyfriend at his condo. He lost his job so I paid most of the bills. I
Read MoreTwitter Tax Tips #6
Remember to report alimony received as income, alimony paid as a deduction but child support? It’s tax neutral. #TwitterTaxTip (For more on twitter tax tips,
Read MoreAsk The Taxgirl: Child Support & Legal Fees
Taxpayer asks: I live in Illinois, I understand Child Support is not a tax break, or have any tax implications, but how about lawyer fees
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