Recently Divorced? Why You Need To Hire A Tax Consultant

21 September 2021
 Categories: , Blog


If you've recently gone through a divorce and you've never filed taxes on your own, you're going to need some help. Filing taxes can be a confusing and stressful event, especially if you're not familiar with the process. Before you try to tackle the taxes on your own, read the information provided below. You'll find four reasons to hire a tax consultant now that you're divorced. 

Help You Identify Important Tax Documents

If this will be the first time you file your taxes following a divorce, it's time to hire a tax consultant. This is especially important where tax documentation is concerned. If your ex was responsible for filing the taxes each year, you might not know what type of documentation you're going to need, which is why you need a tax consultant. Your tax consultant will provide you with a list of the documents you'll need for your taxes. If you're not sure where to find those documents, your tax consultant can help you through that process as well. 

Help You Understand Your Tax Liabilities

If you've recently gone through a divorce, now's the time to start preparing for next year's taxes. When you file your taxes, it's important that you list all of your specific tax liabilities. Some of those liabilities might include self-employment, capital gains, or property taxes.  If you've never filed taxes on your own before, you might not know what those liabilities are, or how to handle them on your taxes. That's where a tax consultant comes in. Your tax consultant will identify your tax liabilities and help you avoid penalties with your tax filings. 

Help You Prepare for Future Life Changes

If you're not sure how to navigate next year's taxes now that you're divorced, you need the help of a professional tax consultant. This is especially true where future income changes are concerned. Now that you're divorced, you might receive alimony, child support, or other types of payments from your ex. Those payments will all need to be handled differently where your taxes are concerned. Your tax consultant can help alleviate the confusion. 

Help You Deal With IRS Collection Demands

If your ex handled all the taxes during your marriage and you've recently learned that you were left with tax debt, it's time to hire a tax consultant. There are steps you can take to get out from under the tax debt that your ex left you with. However, you will need the help of a professional tax consultant. To protect yourself and your financial stability, hire a tax consultant to handle those IRS collection demands


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