Mastering Divorce Taxes with CPA Dana Arth
The emotions that we talked about being the number one reason a person needs a divorce coach is also the number one reason they don't hire one because they're overly emotional and overwhelmed and they just think that their attorneys, their end, all be all going to do everything for them.
Divorce can be a whirlwind of emotions and paperwork, and taxes often add another layer of stress. In this episode of 'Starting Over Stronger', host Annie Allen sits down with CPA Dana Arth to demystify the complex world of divorce-related taxes. Dana breaks down how your marital status changes can impact your tax filings, shedding light on different filing statuses and what they mean for you.
Ever wondered about the tax implications of child support or selling property during a divorce? Dana has got you covered. She also explains the concept of innocent spouse relief, which can protect you from your ex-spouse's tax liabilities. Throughout their conversation, Annie and Dana emphasize the importance of financial planning both during and after divorce. They also touch on the emotional rollercoaster that comes with ending a marriage and how divorce coaching can provide crucial support and accountability.
If you're in the midst of a divorce or contemplating one, this episode offers valuable insights to help you navigate your financial future with confidence. Tune in to 'Starting Over Stronger' and arm yourself with the knowledge to make informed decisions about your taxes and finances.