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Divorce Lawyers Urging Clients to Separate Now Due to Trump Alimony Tax Law Changes

Lawyers claim the real victims of the tax law change will be women. Deep down in the GOP tax plan signed by President Donald Trump are major changes to alimony tax laws that have attorneys advising clients considering breaking up to speed up the process in order to garner savings that will go away in 2019. According to a report in Politico, a 76-year-old deduction for alimony payments in the tax code will disappear in 2019 under the Tax Cuts and Jobs Act signed into law by Trump last December.
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