Handling Tax Debt in Divorce with Morgan Anderson

Broke Up, Not Broke(n)

Jamie M. Lima and Morgan Anderson discuss the critical role of addressing tax issues during divorce. They cover tax debt responsibility, the innocent spouse rule, strategies to minimize tax burdens, and filing status considerations. Morgan shares a case study and offers final advice on managing tax issues.

Links mentioned in the show:

www.goldenliontaxsolutions.com/index.php (website) https://a.co/d/3acGRfY (amazon book link)

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(0:00) Introduction and welcome (0:13) Introducing Morgan Anderson (0:40) Importance of addressing tax issues in divorce (1:16) Morgan's background and experience (2:17) Responsibility for tax debt in divorce (3:12) Innocent spouse rule explanation (5:57) Strategies to minimize tax burdens during divorce (8:28) Filing status for the final year of marriage (10:50) Importance of working with a CPA (11:39) Tax credits and considerations for children (13:57) Case study of a divorcing couple with tax debt (18:44) Final advice on handling tax issues (19:40) How to contact Morgan Anderson