There are many ways a divorce can affect you financially, especially when it comes to your tax liabilities. Here are just a few of the myriad ways divorce can impact you and your taxes:
- Capital gains on your home
- Alimony vs. child support
- Exemptions with children
- Child care credit
- Filing status
- Validation of your business
How can an accountant aid you in making wise financial decisions?
All too often, couples going through divorce quickly negotiate terms about financial matters just to get the process over with. While that can save a lot of time, spouses might be missing out on child care credits/exemptions or cause themselves more financial problems in the long-term. Lifetime Tax and Accounting PLLC focuses on minimizing each spouse's tax liabilities so they can be in the best possible position once the divorce is finalized.
Our divorce accounting services include:
- Search for hidden financial information, such as assets and income
- Assisting attorneys gather and prepare financial documentation
- Income and lifestyle analysis
- Advice on tax issues
- Business valuations
- Advice on alimony versus child support costs
- Review of work performed by other forensic accountants
Contact Us Today!
To learn how we can help you, call us today at (603) 230-2404! We're conveniently located in Concord, NH, and easily reachable from Manchester, NH; Loudon, NH; Pembroke, NH; Bow, NH; Hooksett, NH; Goffstown, NH; Dunbarton, NH; Weare, NH; Derry, NH; Salem, NH; Nashua, NH and all of southern/central New Hampshire.