Where there are multiple properties, some owned by one spouse before marriage, some income properties and some family residences or vacation homes, how will these be divided on divorce? Are they all subject to division or are some exempt?
Tax Issues
How could my income taxes be affected by my divorce?
There are a number of ways that taxes are affected when couples divorce.
What should a business owner’s first step be after being served with divorce papers?
It’s the same for everybody. Take a deep breath and realize that a divorce is a marathon, not a sprint. That’s one of the things that I tell almost all of my clients. Particularly for business owners, getting organized with your business bookkeeping is something that has caused problems in many business valuation cases. I’ve […]
Podcast: Family Lawyer Jon Feder on Divorce Financial Issues
Jon Feder, a New Mexico Family Lawyer, explains the tax consequences of divorce, property division, and divorcing when you own a business.
What Are The Pros And Cons Of Signing One Last Joint Tax Return?
Our divorce will be final before the end of this year. Do we have to sign one last joint tax return for the year? If not, what are our options – and what are the pros and cons?
Should the spouse who has no knowledge of the ex or soon-to-be ex spouse’s…
Should the spouse who has no knowledge of the ex or soon-to-be ex spouse’s business activities sign a joint tax return? What are the dangers in signing a joint return? Some spouses plan for their divorce by filing erroneous tax returns years in advance, and intentionally report decreased business income. By not reporting all the […]
Podcast: Rosanne DeTorres on Financial Issues Related to Divorce
Rosanne DeTorres, an Attorney from New Jersey, explores the financial aspects of divorce, including equitable distribution of assets and debts.
What are the dangers in signing a joint tax return? We live in IL.
“Should the spouse who has no knowledge of the ex or soon-to-be ex spouse’s business activities sign a joint individual tax return? What are the dangers in signing a joint tax return?”
Podcast: Amanda Figland & Shari Veisblatt on the Legal Aspects of Divorce
Amanda Figland & Shari Veisblatt, New Jersey Family Lawyers, discuss the aspects of your separation that may have an impact on the ruling of your divorce.
How could my income taxes be affected by my divorce in WI?
Divorcing couples must file their income taxes as “married” until the divorce is final. The marital status on the last day of the calendar year will determine the filing status for the whole year. For example, if a couple’s divorce becomes final on December 10, 2013, they will file as unmarried on their 2013 taxes. […]
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