has come around to digital—all you have
to do is look at the readership numbers
on digital compared to print, although
print has hung around a lot longer than
I get four newspapers in the driveway,
and there are days I never take them
out of the plastic because I’ve read
everything online the night before.
Yeah, I know. I mean Steve still reads from
print. We drive in together, I’m reading on
my phone, of course I’m not driving, and
he still has ;e New York Times squashed
up on the dashboard, which he pulls out
at red lights. And I’m like, ‘What?’ Print
smudges everywhere. He still likes print.
Steve retired from the Times 10 years
ago, but you still drive in together?
Yeah. He drops me o; at the bureau and
then he goes to the Peterson Institute [an
economics think tank where he is a vice
president]. I always say he is the most
expensive driver in town.
Showtime made a four-part series
called The Fourth Estate about the
Times, and you appear in it quite prom-
inently. How did that come about, and
how does it feel being a TV star?
Well, I don’t feel like I am the star. Sam
Dolnick and Dean Baquet [editors in
New York] came to us with this. ;ey
really wanted to do it. But we were
very apprehensive in Washington, we
were concerned that sources would be
exposed and that we would look stupid
or arrogant or ;e Washington Post
would just clobber us for a year and
there would be a television record of
it. So the deal was if you didn’t want to
participate, you could just sit it out. We
didn’t have any idea what was going to
happen with it. And we didn’t know who
they were going to focus on, and I don’t
think they knew. But they kept asking to
go to our houses, and the whole thing
made me nervous.
Did they go to your house?
Yes, they went to my house. My dog,
Otto, is in it.
Monica Garcia Harms co-chairs the Family Law department at
Stein Sperling. Her thorough knowledge and understanding of her
clients’ circumstances and needs distinguish her approach to the
practice of family law. Monica represents clients in complex matters
including divorce, contested custody, support and property allocation.
Family Law Attorney
25 West Middle Lane • Rockville, Maryland 20850
301-340-2020 • www.steinsperling.com
;e Tax Cuts and Jobs Act signed into law in December
2017 is arguable the most signi;cant revision of the Internal
Revenue Code since 1986 and changes the tax treatment of
Prior to the new law, alimony was tax-deductible for the
paying spouse and taxable income to the receiving spouse.
Starting in January 2019 alimony becomes tax neutral - or
nondeductible to the payor and tax-free to the recipient -
much like the tax treatment of child support.
What does this mean if you are considering divorce?
Modi;cations to divorce or separation agreements
executed prior to 2019 will preserve the old tax treatment
unless the parties mutually agree to apply the new law.
If your alimony agreement was executed on or before
December 31, 2018, alimony can remain tax-deductible
for the paying spouse and taxable income to the receiving
spouse. While many provisions of the Tax Cuts and Jobs
Act expire, the change in alimony taxation is permanent.
If your alimony agreement is executed a;er January
2019, the new law applies. For example, if Spouse A makes
$200,000 a year and is paying Spouse B $30,000 a year in
alimony. Under the new law Spouse A is taxed on the full
$200,000 no matter how much alimony is paid to Spouse B.
And Spouse B is not taxed at all for any alimony received.
If you are considering divorce, consult with a family
law attorney for careful ;nancial planning to achieve the
best possible results.