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You're right ' it can't possibly be tax time again, and yet ' here we are, wondering if each Easter egg constitutes a taxable capital gain. Tax time brings special problems for taxpayers affected by divorce. Should your clients file separately or jointly? Which spouse gets to claim the exemptions for the children?
Are Extra-Strength Assorted Fruit Flavored Rolaids a deductible expense? The three web sites featured in this month's column provide some valuable resources for dealing with the tax implications of divorce. To access this information, please place your gross income from all sources on the line below, deduct the cost of your tax-related therapy, divide by your metric height, add this product to line 12,473(G ) ' and don't forget to include your grocer's mother's maiden name.
Divorce Money Financial Information
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