Divorce is a complex and emotionally charged process, and when it comes to taxes, it can become even more challenging. A "smart tax divorce" involves making informed decisions...
Posted by Taxes Made EZ Inc on 11/30/2023
Who is a tax dependent?A tax dependent is a relative or child whose characteristics and relationship with you allow you to claim certain credits and tax deductions, such as head of...
Posted by CORE PERFORMANCE on 03/10/2022
Going through the process of divorce or separation can be a very difficult time. Consider these tax tips for avoiding mistakes with the IRS.The process of divorce or separation is...
Caring for children or dependent adults is one of the biggest monthly expenses many families face. But without primary care, parents may be unable to leave home to earn a living or...
Posted by CORE PERFORMANCE on 01/30/2021
Divorce is hard and horrible. But at times, love turns sour, and two people have to part ways. The singular decision of parting ways involves many things. There are a ton of decisions...
At the birth of the child, this child becomes dependent on his taxes. It does not matter if the child were born on January 1st or December 31st at 11:59 pm As long as your child came...
Posted by Valderas Financial Solutions LLC on 08/28/2019
Among the chaotic undertakings that must be embraced in a divorce, dealing with life insurance is one that frequently gets neglected. Amidst the custody fights, divvying up resources,...
Posted by Debi G Hill, CPA on 05/20/2019
Divorce is a hard time when it comes to the family. Whether you have children in the mix or not, you have to consider what is best for the whole family and what will help them to get...
If you are divorced, you might have to rethink many issues related to taxes before the month of April. You must know what the treatment of dependents by the federal government...