BATON ROUGE, La. (WAFB) - There are new details about Mayor-President Sid Edwards’ Thrive! East Baton Rouge plan to help close a multi-million-dollar budget gap. Leaders hope to put four different tax ...
Plus: A first look at changes on Form W-2, private equity is eyeing your retirement accounts, alimony payments, protecting students from back-to-school scams, big football news, tax filing deadlines, ...
According to the Income Tax Act, 1961, the taxability of alimony depends on how it is paid: either as a one-time lump sum or as recurring monthly maintenance.
A couple has been referred to trial for tax evasion by disguising the proceeds from real estate sales as alimony payments to ...