Tax Considerations

Separation and divorce can have complex and profound impacts on your tax picture. As anyone who has recently picked up a newspaper knows, tax rules and regulations are constantly changing. It is crucial to consult with a CPA or tax attorney at every step of your Family Law case to ensure that tax issues, consequences and strategies are being appropriately considered.

Common tax issues which arise in the family law context include, without limitation, tax filing status; dependency exemptions; child care credits; taxability of spousal support; deductibility of attorney fees incurred to obtain/collect spousal support; immediate and future tax consequences of the division of assets; capital gains; use of Qualified Domestic Relations Orders to divide pension and retirement assets; and innocent spouse relief.

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