Dividing Tax Liabilities

By |2022-11-14T14:39:20+00:00June 26th, 2020|Divorce Process, Legal Issues|

A tax obligation is a debt you owe to a tax authority, such as a city, state, or the federal government. In California, divorcing couples divide tax obligations just like other property. Separate Tax Obligations Sometimes, the tax is owed only by one spouse. If that's the case, you'll have it confirmed as that spouse's obligation. Usually, this is the case when the tax that one of you owes is from before the marriage, or if you filed separately. Joint [...]