Surprising Divorce Tax Hacks

18/03/2025 18 min Temporada 1 Episodio 32
Surprising Divorce Tax Hacks

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Episode Synopsis

Send us a textTax season brings anxiety for many, but for those navigating divorce, it also presents unique opportunities to protect your financial future. Despite the complexity, understanding a few key tax concepts can literally put thousands of dollars back in your pocket during this challenging life transition.Tax literacy remains shockingly low among Americans—only 2% demonstrate proficient knowledge according to recent studies. Yet as this episode reveals, even basic tax understanding becomes a powerful tool during divorce negotiations. For example, the difference between filing as "single" versus "head of household" isn't just paperwork; it represents a $7,300 higher standard deduction and access to valuable credits that could significantly reduce your tax burden.To learn more on this topic,  click the link below to watch Jacki's webinar on Tax Literacy for Divorce which was recently posted for Phoenix Financial Advocates. https://www.youtube.com/watch?v=Ez2sTDEihS0To schedule an introductory consult (at no charge) with Jacki, click the link below. https://calendly.com/roessler-jacki/30min?month=2025-03Visit us at https://www.roesslerdivorce.com/ to learn more about Jacki's practice and to find valuable resources for your case. The Divorce Rich podcast is proudly sponsored by Center for Financial Planning: Striving to Improve Lives through Financial Planning Done Right! https://www.centerfinplan.com/

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