News & Analysis as of

Divorce Tax Returns

Divorce is the formal legal dissolution of a marriage. The divorce process implicates many diverse areas of the law including, but not limited to, real estate, wills and trusts, child custody, and tax.
Obermayer Rebmann Maxwell & Hippel LLP

The Impact of a Divorce on Taxes

The post-Labor Day surge in family law cases comes with many questions, including concerns about upcoming holidays, and whether a divorce will be finalized by year-end. For some, the imminent tax extension deadline for...more

Fox Rothschild LLP

Order Invalidating Settlement Agreement Because Parties Didn’t Formally Answer Discovery is Overturned by the Appellate Division

Fox Rothschild LLP on

Wise or not, parties have a right to waive discovery from the other party and settle their matter. Sometimes, both parties have access to and/or knowledge of all of the finances. Sometimes, the rely on the parties sworn Case...more

Jaburg Wilk

Eight Essential Tax Insights For Arizona Residents Who Are Navigating Divorce

Jaburg Wilk on

Divorce and legal separation can entail more than just emotional and legal complexities. They can also involve navigating intricate and complex tax implications. There are eight key considerations to consider relative to...more

Locke Lord LLP

In Innocent Spouse Tax Cases, How You Tell Your Story Matters

Locke Lord LLP on

Married people who file their taxes jointly typically choose this option because of its tax advantages. But when a spouse commits a misdeed, you’re still jointly and severally responsible for the payment of taxes. ...more

Kohrman Jackson & Krantz LLP

Income Disclosure in Divorce: Support Calculations & Discovery

In divorce proceedings, both parties are obligated to transparently disclose their assets, debts, and income. Although the law mandates truthful reporting of earnings to the court, some individuals choose to deceive by...more

Weber Gallagher Simpson Stapleton Fires &...

Child Tax Credit Modifications: Implications for Divorcing Couples

Parties going through a divorce often negotiate the child tax credit and dependency exemptions in either support or divorce court. The Child Tax Credit has been modified several times in the past few years and once again may...more

Fox Rothschild LLP

Is it Too Soon to Discuss a Joint Return for 2024?

Fox Rothschild LLP on

Yes, it’s January which means that accountants all across America are locking into their space capsules for launch into orbit where they will prepare countless returns due on April 15 for TY 2023 and then gently parachute...more

Pietragallo Gordon Alfano Bosick & Raspanti,...

What To Expect At An Initial Consultation With A Divorce Attorney

Your initial consultation with an attorney is your time, especially if you are paying for it. The goal of an initial consultation is to have the client leave with all of their questions answered and a game plan for moving...more

Fox Rothschild LLP

Divorce Lawyer Lessons from the Trump Trial (N.Y. Division)

Fox Rothschild LLP on

Today the Attorney General’s case in chief in the action to dissolve/fine the Trump Organization is sliding to a close. It’s a civil and non family matter (well it is a family matter yet not a domestic relations case) but as...more

Lasher Holzapfel Sperry & Ebberson PLLC

Financial Documents to Gather for Your Divorce

Managing personal finances is stressful, and many people are glad to let their spouse take the lead on paying bills, filing taxes, managing investments and the like. However, when preparing for divorce, you should have a good...more

Obermayer Rebmann Maxwell & Hippel LLP

I’m Divorced - Now What?

For many people, getting through their divorce is challenging enough. Navigating the financial aspects of divorce can be time-consuming and confusing. Once an individual gets to the finish line, they may think that they can...more

Fox Rothschild LLP

Do Your Own Forensic Analysis of Your Business Before Your Spouse Does!

Fox Rothschild LLP on

You own a business or at least a chunk of one. Things are not good at home and they are headed into a “separate” direction. Chances are your business was acquired during the marriage or increased in value during your...more

Obermayer Rebmann Maxwell & Hippel LLP

I’m Getting Divorced - How Should I File My Taxes?

If you are separated or have filed for divorce you can still file your taxes jointly with your spouse so long as you are not legally divorced. If you divorced at some point during the year you will be unable to file jointly....more

Weber Gallagher Simpson Stapleton Fires &...

Let's Talk About Taxes and Divorce

Filing joint income tax returns or separately as head of household during a divorce can lead to several questions. Deductions, extensions, and tax credits are all issues divorcing parties need to consider and decide before...more

Weber Gallagher Simpson Stapleton Fires &...

2022 Tax Season: What Families Need to Know

As the 2022 tax season kicks off, there are important issues that divorcing parties must consider. First, it is always more beneficial to the family unit for the parties to file taxes married filing jointly. Not only does...more

Bowditch & Dewey

8 Important Tax Considerations During Divorce

Bowditch & Dewey on

Income tax effects are often the last thing on one’s mind when going through a divorce, but having sound tax advice during a divorce is important for many reasons. FILING STATUS - Divorce will change your income tax...more

Weber Gallagher Simpson Stapleton Fires &...

Let's Talk What to Bring to Your First Family Law Appointment

When you are going to meet with your family law attorney, what should you bring? Family law partner, Carolyn Mirabile discusses which documents can help your attorney gain a better picture of the marital estate for the...more

Weber Gallagher Simpson Stapleton Fires &...

It’s Tax Season

Tax season always brings up several questions for clients who are divorced, in the process of divorce, or separated. The two biggest concerns are typically determining which filing status is most applicable to your situation...more

Lasher Holzapfel Sperry & Ebberson PLLC

Easy As 1, 2, 3, 4: How to Legally Change Your Name

From time to time a person may want to change their name—maybe their first name, or maybe their full legal name. Maybe it is for a serious and legitimate reason (perhaps they have married), or maybe it is for a more...more

Stange Law Firm, PC

Divorce and Joint Tax Returns

Stange Law Firm, PC on

When going through a divorce, the deadline for filing a tax deadline can come. When parties are married, most ordinarily file a joint tax return unless they are living separate and apart. ...more

Dickinson Wright

Tips to Keep in Mind When Child Support Needs to Change

Dickinson Wright on

A common misperception arises as to when child support amounts change. As a general rule, parents are required to exchange tax returns each year during the period of time that child support is owed. ...more

Obermayer Rebmann Maxwell & Hippel LLP

A Name Change May Cause Issues with Your Tax Return

Many spouses change their last name when they get married. If the marriage ends in divorce, they may choose to resume their maiden or former name....more

Smith Debnam Narron Drake Saintsing & Myers,...

Divorce Can Be Taxing: How the New Federal Tax Law Impacts Your Family Law Decisions

Everyone is buzzing about the new tax overhaul recently passed by Congress. How does it impact you and your family law choices for 2018 and beyond? In a four-part blog series, we will address the consequences of various parts...more

Miles & Stockbridge P.C.

Protect Yourself by Learning About Your Family’s Finances

All too often, clients enter the divorce process with little or no knowledge about the family’s bank and investment accounts, stocks, retirement assets, ownership of real property, and debt. If you recognize that you and your...more

Obermayer Rebmann Maxwell & Hippel LLP

Filing Joint or Separate Returns When Going Through a Divorce

Taxes Divorce 1955242Tax season is approaching quickly and couples who are going through a divorce need to determine how they are going to file. Certainly, this is a topic that you should discuss with your attorney and your...more

26 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide