Monthly Archives: September 2017
Understanding the potential income tax implications of divorce
During a divorce, there are a number of issues that need to be agreed upon by the two spouses. One of the biggest issues that will need to be resolved is the financial component of a divorce agreement. People often know that there will be some financial implications when going through a divorce. What they may not know is that a divorce can also affect their taxes. Both taxes and divorce are complicated topics. As with all complex subjects, a lot of questions often arise when determining how a divorce agreement impacts someone’s taxes.

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