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Divorce, the CRA and Taxes

Divorce, the CRA and Taxes


Divorce and Tax


It is hard to believe but here we are once again at TAX time. It is a time of year nobody really likes; it requires finding and organizing pertinent information and dealing with a task that no one really enjoys. For divorcing men and women, it is sometimes even more difficult. There are numerous tax deductions and credits available to single parents but often no one has discussed or agreed to the future handling of these items in the divorce agreement. It is crucial to negotiate these sometimes very lucrative tax items as part of your final settlement. If you don’t it will become an issue when you and your ex prepare to file your first tax returns as a divorced couple.   Consult a divorce financial analyst and tax expert during your divorce; it may result in hundreds or even thousands of dollars in tax savings or refunds.


Call 403-716-7176 today for 30 your free 30 minutes consultation. or email sharon@albertadivorcefinances.com.