Divorce and Taxes: Four Things to Consider and Why You May Need an Accountant to Help

Posted on: 6 April 2015

Getting divorced can be hard emotionally and financially, and when tax time rolls around, your divorce may complicate your taxes. Wondering how your divorce may affect your taxes? Take a look at these four elements: 1. Claiming the Family Tax Benefit The Family Tax Benefit is a cash, income-based benefit that helps with the cost of raising children. In order to claim this benefit, your child must be living with you at least 35 percent of the time. [Read More]