Divorce Taxation

If you are divorcing or recently divorced, taxes may be the last thing on your mind. However, these events can have a big impact on your wallet. We have gathered the most frequent questions from our clients:

• What is the best filing status I should use?
• Do I pay tax on settlements I receive?
• What are the tax implications of child support & alimony payments?
• Can you help me with forensic accounting?
• Who should claim the dependents?
• What are the things I should plan ahead going into tax season?

As taxes can get complicated during a divorce, it’s important to seek professionals. Similar to having an attorney to help you through your divorce, financial planners and accountants should be part of your empowerment team to ensure you maximize your post-divorce assets and minimize the taxes.

Simply contact Dimov Tax Associates at the contact form below.