Deducting Costs of Getting a Divorce. The IRS takes a dim view of deducting legal costs of divorce. Got it? But what if you are a business owner defending your ownership interest? Is that different? Also, see the discussion below about adding certain expenses to the tax basis of your assets.
Going through the process of divorce is challenging enough for your family as it is. If you already have teenagers who can drive you surely don’t need more difficulties by setting up the right insurance coverage. Divorced parents should take note of these details when considering car insurance for their teenage drivers. One or Two Insurance Policies? Divorced couples … Continue reading Car Insurance for Divorced Parents with Teenagers →
When you divorce, tie up insurance loose ends and leave each partner with enough coverage.
Marriage, divorce or the death of a spouse are major life events that can shake up your emotions — and your personal finances. An often-overlooked aspect of coupling or uncoupling is how it affects your insurance. Use these tips to review and update the four different types of insurance you likely own. It’ll help you …
Divorce is never easy, and it's always stressful. Keep this list handy so you can take care of your insurance with as little hassle as possible.
Few people relish the thought of dealing with tax issues but there are five things you need to know about taxes BEFORE you divorce. These are some very basic, elementary issues that affect most of us and yet people, especially those people who are trying to do their own divorce without attorneys, often don’t think …
In the face of divorce, making changes to insurance coverage may be overlooked.
Don't mess up your filing by making these mistakes.
Product liability is a necessary concern when designing a new product. Learn how to reduce your risk and how to design danger out of your invention idea.