It's Tax Time Again!
Hi there,
April 15th is just around the corner and the IRS and the DOR are on my mind. A very clever tax lawyer colleague of mine, Jennifer Green, has written a good analysis of the tax issues which apply to divorcing couples.
Enjoy!
Nancy
DIVORCE AND TAXES
Although you had hoped that your marriage would last an eternity, you find yourself in the midst of a divorce. With all the emotions that you are experiencing, you may not be paying too much attention to the tax ramifications that result from a divorce. In addition to you, your spouse and your children, there is another interested party in your divorce, namely, the IRS. To avoid unexpected tax consequences on April 15, you should consider careful tax planning as part of your divorce. A few items of interest are described below:
