EP: 175
TATIANA TSOIR
Tax Implications in Divorce With Tatiana Tsoir
“In this world, nothing is certain except death and taxes.”—Benjamin Franklin
When you are getting divorced your taxes are probably not the first thing on your mind, but as Benjamin Franklin said in his famous quote taxes remain even when a marriage ends. Taxes are never an easy topic to discuss but there are many tax implications divorcing couples should address, especially if children or alimony are involved.
Tatiana Tsoir is an author, speaker, and visionary accountant. For over 15 years she’s worked with business owners to help them manage their money and their bottom line. Tatiana is also an experienced adviser on all the scenarios impacting the tax-related matters of divorce.
On this episode of the podcast, Tatiana joins Katherine to discuss when to bring up the issue of taxes in your divorce. She discusses the common misunderstanding about the child tax credit, the 529 plan, and strategies for both that can save both parties money.
Listen in for Tatiana’s insight into underutilized tax strategies for small business owner parents and the number one thing people who are divorcing should think about when they talk about their taxes.
TOPICS COVERED
When the issue of taxes should be brought up in divorce
How to structure taxes to support both parents when children are involved
How a business-owning spouse can legally deduct alimony payments
How to employ tax strategies that will save both parties money
The key to making the child tax credit work for you and your spouse
How to avoid misunderstandings around the 529 education plan
Tatiana shares one of the most underutilized tax strategies of small business owner parents
Best practices for using a custodial Roth IRA account
When to start thinking about using tax strategies to increase education funding options
The first thing people who are divorcing should think about when discuss their taxes
CONNECT WITH TATIANA TSOIR
CONNECT WITH KATHERINE MILLER
The Center for Understanding in Conflict
The New Yorker’s Guide to Collaborative Divorce by Katherine Miller
Email katherine@miller-law.com
Call (914) 862-7487