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By Richard A. Friedling
October 06, 2003

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


Commercial/Research-Software Published by Sicard Wheeler Consumer Products Inc., which also publishes divorce financial-planning software, Divorce Money Financial Information is a useful Web site covering several divorce-related financial issues, including division of businesses, credit issues and child support. This month it is featured for its tax issue page, through which readers can access and print, at no charge, the necessary IRS Publication 504, without which matrimonial attorneys would not have the most up-to-date information on alimony deductibility, inter-spousal transfers, sale of jointly owned property, and community income, among several vital topics. Sicard Wheeler will also answer questions submitted via e-mail to [email protected].


A free test version of Sicard Wheeler's Divorce Money Software (currently available for purchase at a reduced price of $19.95, instead of the usual $29.95) can be downloaded from this site. Sample pages of the software are also viewable. Deduct this site from your to-do list by dialing in: http://www.divorcemoney.com/.

Divorce Interactive

Membership/Free, Professional Consumer


The stated goal of Divorce Interactive is to 'provide a resource where people can find the help and support they need ' [and] bring together consumers, resources and divorce professionals and to actively encourage their interaction ” including direct interaction between divorce professionals. Try as I might, I could not identify the actual identity of ownership or sponsorship of Divorce Interactive on the Web site; if it originates via satellite phone from an Afghan cave, don't blame me. Still, it has many useful features including discussion forums, chats and online events on various divorce-related topics; financial calculators and worksheets; 'Ask the Expert' columns; and, most relevant to this month's focus, a Tax Center.


This month's tax-related articles include 'Criteria for Innocent Spouse Relief,' 'Special Rules for Claiming Exemptions for Dependents,' 'Tax Relief on a Home Sale' and 'Saving Taxes with Alimony Payments.' Also provided are links to Social Security Online, Social Security Online for Women, and ' yes ' the kinder, gentler Internal Revenue Service.


Divorce Interactive also includes 'Divorce Talk,' a weekly live and online Internet radio program. Roughly an internet equivalent of vanity publishing, 'guests' are
made up of Divorce Interactive's professional paid membership. Matrimonial professionals can join by paying annual membership dues that also include listings in the Professional & Resource Directory in as many geographical areas as members choose; opportunities to publish an unlimited number of articles on both the Consumer and Professional sides of the site, links to a member's own Web page or site and other services.


While membership details are laid out and best reviewed on the site, it bears noting here that membership dues are in addition to a set-up fee, so membership costs can quickly become substantial depending on the number of geographical areas in which members which to advertise. Address inquiries to [email protected].
You can use Divorce Interactive's Tax Center to file your or client's tax returns online or find answers to your questions. For a reasonable fee, you can use either an Automated or Live Preparer Method, receive a Refund Anticipation Loan or Check or E-File with the IRS. You can also use the free Quickie Tax Calculator to get an estimate of your tax situation.


Also check out Divorce Interactive's free internet newsletter, called, curiously enough, 'Divorce Interactive News,' by filling out a short form at: http://www.divorceinteractive.com/.

Divorce Magazine.Com


Membership/Free, Professional Consumer


Bizarrely retentive readers of this column will recall that Divorce Magazine.Com has been previously reviewed here; however, I call it to your attention again ' at this most festive time of year ' so that you may access the following articles of most immediate interest: Richman, Bruce, 'IRAs and Divorce'; Wall, Ginita, 'Interest Paid to Your Ex Is Deductible'; Wall, Ginita, 'Your Children Are Worth More Under New Tax Laws'; and Wall, Ginita, 'IRS Declares Spouses More Innocent Than Before.'


With a current circulation of 110,000, Divorce Magazine is currently published quarterly in four regions: California, Illinois, New York/New Jersey, and Ontario, Canada, with a national edition of the magazine planned for publication by the end of the year. While Divorce Magazine.Com is free, Divorce Magazine costs $12.80 per year or $22.90 for a 2-year subscription.


In addition to being free and having a plethora of useful links (divorce support, articles, book reviews, divorce statistics, etc.), DivorceMagazine.Com also provides advertising opportunities for matrimonial attorneys, free web pages, web links, company listings, a free newsletter and enough other features to make periodic reviews of the site worthwhile.


Both Divorce Magazine and DivorceMagazine.com state that their mission is to provide individuals and families who are going through the transition of separation and divorce with information, support, and guidance, and to promote a 'positive, healthy attitude toward divorce.' It further states that they 'are creating a paradigm shift in the world around the subject of divorce' through a variety of media including Divorce Magazine, DivorceMagazine.com, TV and radio shows, seminars and other magazines.
Revisit this publication at: http://www.divorcemag.com/.


Richard A. Friedling

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


Commercial/Research-Software Published by Sicard Wheeler Consumer Products Inc., which also publishes divorce financial-planning software, Divorce Money Financial Information is a useful Web site covering several divorce-related financial issues, including division of businesses, credit issues and child support. This month it is featured for its tax issue page, through which readers can access and print, at no charge, the necessary IRS Publication 504, without which matrimonial attorneys would not have the most up-to-date information on alimony deductibility, inter-spousal transfers, sale of jointly owned property, and community income, among several vital topics. Sicard Wheeler will also answer questions submitted via e-mail to [email protected].


A free test version of Sicard Wheeler's Divorce Money Software (currently available for purchase at a reduced price of $19.95, instead of the usual $29.95) can be downloaded from this site. Sample pages of the software are also viewable. Deduct this site from your to-do list by dialing in: http://www.divorcemoney.com/.

Divorce Interactive

Membership/Free, Professional Consumer


The stated goal of Divorce Interactive is to 'provide a resource where people can find the help and support they need ' [and] bring together consumers, resources and divorce professionals and to actively encourage their interaction ” including direct interaction between divorce professionals. Try as I might, I could not identify the actual identity of ownership or sponsorship of Divorce Interactive on the Web site; if it originates via satellite phone from an Afghan cave, don't blame me. Still, it has many useful features including discussion forums, chats and online events on various divorce-related topics; financial calculators and worksheets; 'Ask the Expert' columns; and, most relevant to this month's focus, a Tax Center.


This month's tax-related articles include 'Criteria for Innocent Spouse Relief,' 'Special Rules for Claiming Exemptions for Dependents,' 'Tax Relief on a Home Sale' and 'Saving Taxes with Alimony Payments.' Also provided are links to Social Security Online, Social Security Online for Women, and ' yes ' the kinder, gentler Internal Revenue Service.


Divorce Interactive also includes 'Divorce Talk,' a weekly live and online Internet radio program. Roughly an internet equivalent of vanity publishing, 'guests' are
made up of Divorce Interactive's professional paid membership. Matrimonial professionals can join by paying annual membership dues that also include listings in the Professional & Resource Directory in as many geographical areas as members choose; opportunities to publish an unlimited number of articles on both the Consumer and Professional sides of the site, links to a member's own Web page or site and other services.


While membership details are laid out and best reviewed on the site, it bears noting here that membership dues are in addition to a set-up fee, so membership costs can quickly become substantial depending on the number of geographical areas in which members which to advertise. Address inquiries to [email protected].
You can use Divorce Interactive's Tax Center to file your or client's tax returns online or find answers to your questions. For a reasonable fee, you can use either an Automated or Live Preparer Method, receive a Refund Anticipation Loan or Check or E-File with the IRS. You can also use the free Quickie Tax Calculator to get an estimate of your tax situation.


Also check out Divorce Interactive's free internet newsletter, called, curiously enough, 'Divorce Interactive News,' by filling out a short form at: http://www.divorceinteractive.com/.

Divorce Magazine.Com


Membership/Free, Professional Consumer


Bizarrely retentive readers of this column will recall that Divorce Magazine.Com has been previously reviewed here; however, I call it to your attention again ' at this most festive time of year ' so that you may access the following articles of most immediate interest: Richman, Bruce, 'IRAs and Divorce'; Wall, Ginita, 'Interest Paid to Your Ex Is Deductible'; Wall, Ginita, 'Your Children Are Worth More Under New Tax Laws'; and Wall, Ginita, 'IRS Declares Spouses More Innocent Than Before.'


With a current circulation of 110,000, Divorce Magazine is currently published quarterly in four regions: California, Illinois, New York/New Jersey, and Ontario, Canada, with a national edition of the magazine planned for publication by the end of the year. While Divorce Magazine.Com is free, Divorce Magazine costs $12.80 per year or $22.90 for a 2-year subscription.


In addition to being free and having a plethora of useful links (divorce support, articles, book reviews, divorce statistics, etc.), DivorceMagazine.Com also provides advertising opportunities for matrimonial attorneys, free web pages, web links, company listings, a free newsletter and enough other features to make periodic reviews of the site worthwhile.


Both Divorce Magazine and DivorceMagazine.com state that their mission is to provide individuals and families who are going through the transition of separation and divorce with information, support, and guidance, and to promote a 'positive, healthy attitude toward divorce.' It further states that they 'are creating a paradigm shift in the world around the subject of divorce' through a variety of media including Divorce Magazine, DivorceMagazine.com, TV and radio shows, seminars and other magazines.
Revisit this publication at: http://www.divorcemag.com/.


Richard A. Friedling

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