Morgan Lewis partner Mary “Handy” Hevener spoke with Law360 on how the new tax overhaul denied deductions for alimony, which raises interesting questions about the treatment of community property. “The IRS issued guidance in 2002 providing that there is no income tax to the employee on transfer of the option to his or her former spouse pursuant to the divorce, but there is tax to the former spouse on the exercise or transfer of the option by the former spouse,” Handy says in the article.