solidcolours / Getty Images Alimony refers to court-ordered payments awarded to a spouse or former spouse within a separation or divorce agreement. The reason for alimony is to provide financial ...

If you are considering filing for divorce, the timing may impact the type and duration of an alimony award. The length of a marriage is defined as from the date of marriage to the date of service ...

But if you’ve been making or receiving alimony or child support payments, you need to know how those payments impact your taxes. In the case of alimony, you may also need to keep records of ...