Tax Checklist for Knotty Divorces (Currently Unavailable)

Author: Eva Rosenberg, Robbin Marguerite D'Alo, Armand D'Alo

This course reflects tax law after enactment of TCJA.

This course will address the top ten tax issues that attorneys do not address properly when preparing divorce documents, filed with the Court. Participants will get a Checklist to use in each divorce file.

Publication Date: February 2018

Designed For
Tax practitioners at all levels regardless of tax practice who want to protect their divorcing clients interests — and their own. This is also an excellent resource for individuals in the midst of divorce — to help them identify key tax issues before signing their divorce agreements.

Topics Covered

• Why is this Checklist Necessary?
• The 8 Pre-martial Questions
• Tools — THE Divorce Checklist
• Alimony and the Tax Cuts and Jobs Act
• Not Defining 'Support' Clearly
• Characteristics of Alimony
• Child Support
• Joint Custody Issues
• Marital Assets
• Address the Day-to-Day Problems
• The Final Year Tax Returns
• Deducting Divorce Costs
• Post-Divorce Arrangements
• Bifurcation

Learning Objectives

• Identify ten key tax issues that have the most impact on divorcing couples
• Differentiate correct statements regarding alimony and the Tax Cuts and Jobs Act
• Recognize proper statements regarding child suppport
• Describe which items could be lost to AMT with respect to Form 8332
• Recognize statements regarding the final year tax returns
• Differentiate which divorce related costs to litigate are deductible or nondeductible
• Identify when the Tax Cuts and Jobs Act affect divorce aggrements
• Describe which form to file with respect to protecting the custody of exemptions
• Differentiate types of alimony
• Recognize which item is not waived by the custodial parent regarding the waiver of dependency
• Identify a method for preventing a spouse from running up debts on the others credit card
• Identify the effective date of the new California Family Code Section 70 with respect to establishing the date of separation

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic experience with divorce tax issues.

Advance Preparation
None.