Divorce and Taxes: Who Gets to Claim the Kids?

Calulator with reports

Understanding tax implications due to your divorce can be confusing. When you choose the collaborative divorce process or mediation, you and your spouse will work with a team of divorce professionals, specifically a financial neutral or mediator who can help you and your ex navigate the huge ocean of taxes. One common question my clients…

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How Does Divorce Affect Your Taxes?

Calculator with tax documents

Filing taxes can be very confusing, especially for newly divorced couples who will be filing differently if their divorce was finalized the prior year. And it doesn’t help that the tax code keeps changing and adding new lines and forms. When married couples divorce, the tax laws change regarding to what each person can and…

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What is Tax-Deductible in Divorce?

woman computing expenses

The IRS keeps us busy learning all the new tax laws that have been enacted over the years, and with these changes, it makes it hard to know what can and cannot be deducted from your 2021 tax return. We like to share with our clients a few line items that may be deducted from…

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What You Should Know About Filing Your 2021 Taxes After Divorce

tax documents

Divorce is never easy. It’s filled with twists and turns that you usually don’t see coming. But when you use a non-adversarial approach, such as the collaborative divorce process, you both will work with a team of professionals that can help guide both of you and help you sort out your tax filing needs. One…

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