What do you need to know about filing your taxes during or after divorce?

Are asset transfers taxable? What about alimony and child support? Who claims the children?

And what if your ex mishandled the finances and there’s tax debt you knew nothing about?

Tax Attorney Hubert Johnson is Founder of Guardian Tax Law, where he has assisted thousands of individuals and businesses dealing with IRS and state tax issues.

Hubert lectures to tax professionals in seminars and training sessions across the country and has cowritten two books on tax debt resolution.

On this episode of Divorce Dialogues, Hubert joins Katherine to answer your questions around tax issues in divorce, explaining where to go for tax information if your soon-to-be-ex handled the finances.

Hubert walks us through the pros and cons of delaying divorce to file taxes jointly and discusses when asset transfers are a taxable event—and when they’re not.

Listen in for Hubert’s insight on the tax rules around alimony and child support and learn where to go for help settling tax debt in the aftermath of divorce.

Topics Covered

The pros and cons of delaying divorce to file your taxes jointly

Where to go for tax information if your ex-spouse handled the finances

How to qualify as an ‘innocent spouse’ if your partner fails to pay taxes

Why the IRS pursues both parties equally for tax debt (filing jointly)

When asset transfers are a taxable event and when they’re not

How to avoid capital gains on the sale of an asset in divorce

When the IRS respects a marital settlement agreement

Who should consider applying for ‘offer in compromise’ with the IRS

The state and federal tax rules re: alimony and child support

What to do if your ex claims the children on their taxes but shouldn’t

Connect with Hubert Johnson

Guardian Tax Law: https://guardiantaxlaw.com/

Guardian on YouTube: https://www.youtube.com/@guardiantaxlaw

Guardian on LinkedIn: https://www.linkedin.com/company/guardian-tax-law/

Connect with Katherine Miller

The Center for Understanding Conflict: http://understandinginconflict.org/

Miller Law Group: https://westchesterfamilylaw.com/

Katherine on LinkedIn: linkedin.com/in/kemiller1

The New Yorker’s Guide to Collaborative Divorce by Katherine Miller: https://www.amazon.com/New-Yorkers-Guide-Collaborative-Divorce/dp/0692496246

Email: [email protected] 

Call (914) 738-7765

Resources

IRS.gov