Is alimony payment typically considered a taxable event?

Related FAQs

Is alimony subject to garnishment?
Does alimony have to be paid if the payor is unemployed?
Are alimony payments nontaxable to the payor in all states?
Does alimony have to be agreed upon by both parties?
Does a general alimony award terminate upon remarriage?
Can a court award alimony to both spouses in a divorce?
Are alimony payments taxable to the payor in some states?
Can an alimony award be modified if the recipient's income increases?
Is alimony reduced if the payor earns less than the recipient?
Are living expenses included in an alimony award?

Related Blog Posts

'Demystifying Alimony Law: What You Need To Know' - July 31, 2023
'Divorce and Alimony: Understanding Your Rights and Responsibilities' - August 7, 2023
'Tax Implications of Alimony Payments: How to Protect Your Finances' - August 14, 2023
'How to Calculate Alimony Payments: A Step-by-Step Guide' - August 21, 2023
'Alimony Modifications: Know Your Rights and Options' - August 28, 2023