Trump's Tax Plan Has HUGE Implications Upon Divorce
In Washington State, when a party to a divorce is ordered to pay support (also known as maintenance, or alimony) to a former spouse, that payment is tax deductible. This means the party paying support ("payor") receives a tax benefit for the amount paid and the party receiving support ("payee") must pay taxes as earned income. However, the current tax system is about to undergo a big change. Currently, divorce settlement is often reached when the parties agree to larger pa
