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Are divorce legal fees tax deductible?

Unfortunately, most of the fees associated with your divorce are not tax-deductible. However, some portions such as those related to any tax advice related to your divorce are deductible. Fees for Tax advice The time and fees your attorney…

Make sure you negotiate the dependency deduction

Make sure you negotiate the dependency deduction I marvel at the number of people that do not consider the tax implications of divorce. One important consideration is the dependency deduction for children.   The current tax exemption amount…