Taxes are the last thing on your mind when thinking about divorce, yet they can be either a minefield or a windfall. Will you be hit with capital gains taxes long after your divorce is over? What about the large tax refund your spouse will receive next year? Who will pay for the audit of taxes signed during the marriage? Can loss carryovers significantly reduce your tax bill and how can you keep them? Taxes and divorce are a complex intersection, and if you don’t consider tax issues you may be exposing yourself to liability or giving up a valuable asset.
In the coming weeks we will be posting articles about these issues. In the meantime, if you have questions about taxes and divorce click here to for information on scheduling a meeting with an attorney or financial expert who specializes in the tax implications of divorce.