It seems that the IRS makes its presence known in everything you do in your life. Getting married, getting divorced, having a baby, transferring to a new job, buying a home and even purchasing an energy efficient car have tax implications. The effects of alimony on your withholding tax and the forms of IRS assistance on this matter will be discussed in this write-up.
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Yesterday, President Barack Obama was quoted as saying, "Ultimately it's important for the administration to send a message that there aren't two sets of rules. You know, one for prominent people and one for ordinary people who have to pay their taxes."
More on Are There Two Tax Systems? One For the Prominent & One For “Ordinary” People?
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