No one wants to believe that their marriage is doomed to end in divorce, especially after taking vows to stick with your partner through bad times along with the good, and in sickness and health. The end of a marriage can be emotionally devastating, especially if...
Month: December 2019
Could gambling affect the division of assets in your divorce?
Marriage is one of the biggest, most significant risks you can take. If you win, your prize of security and companionship could bring you more happiness than anything else in your life. Isn’t that worth a gamble? If you’re like 61.24 million Americans in 2018, you...
When your new spouse has old tax problems
Marriage often has tax advantages. One of the little charms of being a relative newlywed may be looking forward to a tax refund or to a manageable tax bill. That is typically when people realize they are what the Internal Revenue Service calls an “injured spouse.”...
When a joint return gets an ex-spouse in trouble with the IRS
Americans hide a lot of income to evade paying taxes. The Internal Revenue Service says it annually misses roughly $500 billion in tax dollars or about one in six dollars the public owes. Unsurprisingly, tax evaders also sometimes hide certain income from their...