At a staff meeting on the historical tax treatment of alimony, you are explaining possible benefits of
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At a staff meeting on the historical tax treatment of alimony, you are explaining possible benefits of designating '71 payments pursuant to pre-2019 decrees as not alimony under the private ordering rules. you explain to staff that while these rules are numerous and diverse, their basic objective was to:
- Offset the alimony deduction with income.
- Lessen income tax with little or no harm to the other spouse.
- Create additional income tax deductions.
- Gain a financial advantage over the other spouse.
Related Book For
Probability & Statistics for Engineers & Scientists
ISBN: 978-0130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
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