Been There Got Out Podcast
Been There Got Out Podcast
Navigating Tax Challenges in High-Conflict Divorce
Unlock the secrets to safeguarding your financial future during and after a divorce with insights from Tony Wimperis, a seasoned CPA and tax director. Learn how to navigate the intricate world of divorce-related tax issues, including the potential conflicts of interest when accountants have longstanding ties to one spouse. Tony provides invaluable advice on managing the risks of unreported income, filing joint versus separate tax returns, and the importance of choosing an accountant who remains impartial and transparent throughout the proceedings.
Experience the emotional journey of financial surprises that emerge during divorce, from undisclosed investments to unexpected liabilities. Tony shares strategies for addressing these challenges and emphasizes the critical role of legal advisors in ensuring you make informed decisions. He guides us through the complexities of asset division, tax filing, and managing tax-related responsibilities when trust between partners is compromised. By understanding the roles of custodial and non-custodial parents, you'll be better equipped to handle tax implications and the claiming of dependents.
Finally, protect your financial well-being post-divorce with Tony's practical tips on updating tax documents, managing tax payments, and dealing with potential penalties. Learn about filing for innocent spouse relief and the considerations necessary for maintaining personal safety amidst challenging tax issues. Tony offers a wealth of knowledge and a commitment to helping you navigate these turbulent times with confidence and clarity.