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Divorce and Your Taxes

Posted by Meredith Rines Posted on June 07 2016


Divorce and Your Taxes

Divorce can play a role in causing a list of tax problems for you.  Some problems might be smaller than others.  However, talking to a tax professional during the proceedings can help. 

When going through a divorce, I can advise you and help plan for several issues.  If you and your spouse have joint liabilities – such as a mortgage, car loan or credit cards this can play a role in the decisions you need to make now.  Also, taking into consideration joint assets like an IRA, savings account or home can be important when going through a dissolution. 

Give us a call at 573-686-3053 to talk to a tax professional.  We can help you through the divorce proceedings to make sure you’re on track for your taxes.