Four Points You Should Know About Divorce and Taxes
Filing taxes is a reality that adults across the United States face each year. For many, it can feel like a painful task.
However, filing taxes can be much more complicated and stressful when paired with a recent divorce or separation. Before you get started, this blog posting offers 4 points you should know about divorce and taxes.
Know your filing status.
Figure out who can claim the children.
Consider the difference between child support and spousal support.
Get help from a divorce financial or tax professional.
Divorce and taxes are two terms that make many people cringe whenever they think about either, but they are two realities for so many adults. Understanding the right points involved with these two issues and getting the help you need when you don't understand something is a major factor towards succeeding with both divorce and taxes.