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Tax Issues to Consider after Your Divorce

Tax Issues to Consider after Your Divorce

Posted By Meyers Law Group, P.C. || 17-Mar-2012

When you get divorced and children are involved, filing for taxes can become more complicated. Depending on whether you are the primary custodian, joint custodian or just have visitation rights, your tax filing status can be affected. It can be confusing the first year that you file your taxes after obtaining a divorce. You may qualify as the head of household, which can grant you certain tax benefits, and you might be able to receive an exemption for your children. Yet, each year the Internal Revenue Service is flooded with tax forms that are incorrect due to misunderstandings of the tax code.

Rather than risk having the IRS open an investigation on your tax return, you may wish to rely on an accountant or CPA. This type of financial professional will understand current state and federal tax codes and can help you file your taxes accordingly. However, should you have questions related to child custody or visitation in New York it is advised that you consult an experienced Long Island family lawyer as soon possible. To set up a consultation to discuss your family law concerns, contact the Meyers Law Group today.