Two tax issues frequently need to be addressed in divorce: One, if there are qualifying children, which parent gets to claim the children as dependents? Two, which parent may be entitled to claim Head of Household filing status. The following is a general discussion of the rules. Dependency Exemptions The IRS rules provide that the “custodial parent” is the parent entitled to [Read more...] about Tax Filing Issues in Divorce
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Steven Rutlen, CPA CDFA®
Steven Rutlen is a Sacramento area CPA and Certified Divorce Financial Analyst who helps divorcing couples understand the financial aspects of divorce and assists navigating through complex financial processes.