After the new tax laws regarding spousal support were announced earlier this year, it is hard to go a week without hearing how it will affect people if they do not finalize their divorces by year's end. Under current tax laws, those paying alimony; whether they reside in Massachusetts or elsewhere, are permitted to use it as a deduction on their taxes, while those receiving it have to report it as income. For those who divorce in 2019, that is going to change.
Could alimony reform be headed for reform?
As of March 1, 2012, people in Massachusetts paying alimony had a way out of those payments if any of the following applied:
