The new tax laws have brought changes that impact the divorce and alimony payments of certain taxpayers. Depending upon the type of agreement they have, some divorced and separated individuals will need to be aware of these changes as they file their 2019 returns. This article identifies who is impacted, and the timing of agreements. 

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Your tax advisor at Sharrard, McGee & Co., PA is happy to help you determine if you will be affected by this change and plan accordingly. Call us at (336) 884-0410 in High Point or (336) 272-9777 in Greensboro.