Surprising Divorce Tax Hacks
Description
Tax 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=Ez2sTDEihS0
- To schedule an introductory consult (at no charge) with Jacki, click the link below.
- https://calendly.com/roessler-jacki/30min?month=2025-03
Visit 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/