A Forbes blogger just put out an excellent article — accurately titled Divorce Lawyers — Frequently Not the Best Tax Advisors. The three examples given in the article —- claiming dependency exemptions, the deductibility of spousal maintenance, and the claim of ‘innocent spouse’ —- are in fact the most common tax problems most people will encounter in a divorce situation. The post includes links to recent applicable IRS decisions. It bears repeating, again and again: ALWAYS get independent tax advice from your CPA or other tax professional during your divorce. ALWAYS.
Don’t Rely on Your Divorce Lawyer for Important Tax Advice
A Forbes blogger just put out an excellent article — accurately titled Divorce Lawyers — Frequently Not the Best Tax Advisors.
May 8, 2012