On behalf of Hardin Law Firm PLLC | May 31, 2018 | Alimony
Spouses in North Carolina considering divorce may wish to learn about the impact of the Tax Cuts and Jobs Act on their future plans for spousal support and alimony. In the past, the recipient paid taxes on the alimony while the payer could deduct the sum. This...
On behalf of Hardin Law Firm PLLC | Dec 28, 2017 | Alimony
The Republican tax bill, which was signed into law in December 2017, will affect alimony payments for people in North Carolina and throughout the country who get divorced in 2019 or later. Under the old tax laws, the person who pays alimony does not pay tax on the...
On behalf of Hardin Law Firm PLLC | Nov 13, 2017 | Alimony
North Carolina residents that are considering divorce and might need to negotiate alimony might be affected by a proposed change in the law that could affect payment amounts. The changes relate to the provision that allows those who pay alimony to claim the amount as...
On behalf of Hardin Law Firm PLLC | Oct 5, 2017 | Alimony
North Carolina couples who are ending their marriage often have to make difficult decisions about asset division and ongoing maintenance payments. These issues can become even more challenging if they have children.It is not unusual in a divorce for one spouse to make...
On behalf of Hardin Law Firm PLLC | Sep 21, 2017 | Alimony
North Carolina residents who are paying or receiving spousal support might be interested in actor David Hasselhoff’s alimony case. The actor, who has been paying support to his ex-wife, has filed a petition in the court to stop paying it altogether. According to...
On behalf of Hardin Law Firm PLLC | Jun 24, 2017 | Alimony
When North Carolina couples get a divorce, one person may be obligated to pay alimony. Usually, the recipient must pay taxes on the alimony while the payer can deduct it from taxes. However, there are several provisions that must be in place before this deduction will...
On behalf of Hardin Law Firm PLLC | May 23, 2017 | Alimony
If you’re paying a significant amount of alimony to your ex-spouse each month, you’re probably wondering what tax benefits you might be able to receive. After all, the income that you’re sending to your spouse is not income that you’re directly...
On behalf of Hardin Law Firm PLLC | Mar 24, 2017 | Alimony
Alimony has the potential to make you feel great about your finances or make you wish you had fought harder for more after your divorce. How is alimony arranged? What can you do to get as much alimony as you need? Here are a few things to think about. 1. Calculate...
On behalf of Hardin Law Firm PLLC | Feb 27, 2017 | Alimony
As you are preparing for divorce, you may be wondering if you will have to pay your future ex-wife alimony in addition to child support. Unfortunately, divorce is rarely a clean break. Very often, couples will always have some sort of relationship after divorce,...
On behalf of Hardin Law Firm PLLC | Nov 28, 2016 | Alimony
Monthly alimony payments represent a significant financial strain for the individual required to make them. Some spouses try to avoid the prospects of having this monthly obligation out of the fear that they may not be able to make the payments on time, which could...
