Tax season is upon us again and for those of you going through a divorce or child custody case, an already difficult process is that much more difficult. I would invite you to review my post on this subject from last year. You can find that here.
If you are dividing your refund with an ex (or soon-to-be ex) spouse, you can designate that the electronic funds transfer of that refund go to up to three separate accounts. IRS form 8888 makes this a simple process and definitely something to consider if you anticipate that the other party may cause you problems in signing a refund check or, worse yet, run off with the money. Form 8888 can be found here.
In a letter to Jean Baptiste Leroy in 1789, the ever quotable Benjamin Franklin observed that "...in this world nothing can be said to be certain except death and taxes." I would argue that a close third is the fact that at some point in your life you or someone close to you will be affected by a divorce or family law case. When you are, make sure you have the help you need. For more information, please visit the Alford Law Office.
Labels: divorce, divorce decree, divorce lawyer, family law, illinois, kentucky, taxes