Why New Tax Law May Spur More Divorces

From Politico:

Republicans may pride themselves on upholding family values, but their new tax law could soon lead to a surge in married couples calling it quits.

Lawyers are counseling couples considering divorce to do it this year — before a 76-year-old deduction for alimony payments is wiped out in 2019 under the Tax Cuts and Jobs Act.

“Now’s not the time to wait,” said Mary Vidas, a lawyer in Philadelphia and former chair of the American Bar Association’s section on family law. “If you’re going to get a divorce, get it now.”

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