Since 2019, spousal support payments are no longer tax-deductible for the payer nor considered taxable income for the recipient. This change affects how individuals need to plan financially during and after divorce proceedings.
Spousal Support
Serving Garden City, Long Island & New York City
Spousal Support
Since 2019, spousal support payments are no longer tax-deductible for the payer nor considered taxable income for the recipient. This change affects how individuals need to plan financially during and after divorce proceedings.