MN Divorce and Income Tax Returns

When you are getting divorced, it is important to pay attention to income tax returns.  Often, it makes sense financially for a divorcing couple to file a joint income tax return for the preceding year.  Before you sign a joint return, you need to verify that your spouse has accurately reported his or her income. [...]

By |2013-03-28T08:48:55-05:00March 28th, 2013|Divorce and Joint Tax Returns, Documents for Divorce in MN, Minneapolis Divorce Guru|Comments Off on MN Divorce and Income Tax Returns

Divorce and Joint Tax Returns

Around this time of year we at Fiskum Law are often asked about whether a divorcing spouse should file a joint tax return with the other spouse.  Our answer is "it depends." When you sign a joint tax return with a spouse, you become jointly and severally liable for the tax debt owed.  This means [...]

By |2013-03-01T16:16:51-05:00March 1st, 2013|Business Valuation and MN Divorce, Divorce and Joint Tax Returns, Minnesota Divorce Procedure|Comments Off on Divorce and Joint Tax Returns
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