By Jennifer M. Paine
Cordell & Cordell Divorce Lawyer
As if paying alimony weren’t bothersome already, imagine receiving an unfriendly letter from the IRS forcing you into an audit and assessing taxes for three years of income you previously deducted.
This may sound like a tax nightmare – you pay alimony, you deduct it like your CPA and attorney said, and now you have to pay taxes for it – but for many guys it is reality.
This often misunderstood and little discussed trap is called the recapture rule.

Question:
Question:
Question:




