By Evan Kirshenbaum | Published November 3, 2021 | Posted in personal taxes | Comments Off on Divorce and Potential Tax Consequences
- Family Law Overview
- Division of Assets
- Child Custody
- Child Support
- Divorce Modifications
There is no getting around it: tax issues are always part of any divorce, simply because the marital assets are being divided, and the Internal Revenue Service (IRS) treats this as income. This is especially complex to navigate when the divorce involves high-income parties and high-value assets. The stakes are often higher when large marital Read MoreRead More
The ins and outs of adopting a child are many, and the decision to adopt a child will certainly affect family finances, but how about your tax bill? This is a detailed area and one that should be discussed with a tax professional, but I do get many questions from clients during the adoption process, Read MoreRead More
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