Law & Justice

LIVINGSTON, NJ – Michael H. Karu, CPA/CFF, a member of the Livingston-based accounting firm Levine, Jacobs & Company, LLC, was recently featured on “CBS News” during a segment about the recent change in the alimony tax law.

Under the new federal law as of Jan. 1, alimony is no longer tax-deductible and the tax burden shifts from the ...