There are tax implications in every aspect of a divorce agreement. For example, paying alimony affords tax deductions and deductible expenses. Child support, on the other hand, does not. So if you agree to pay more alimony and less child support, you can reduce your tax burden and still provide the same amount of total after-tax support.
Our attorneys work hard to take these and other factors into account, structuring agreements that are tax-advantageous for our clients using a wealth of knowledge to the benefit of all parties involved.
For information on divorce taxation, call (800) 910-DIVORCE or to schedule a no-obligation consultation with our Cape Cod Divorce and Plymouth, Massachusetts Family Law Attorneys, contact us.
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