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Tax Returns Provide Clues to Income in Divorce by John Faggio, CPA, CFP, CDFA
The detail review of a divorcing couple’s tax return can provide attorneys with a plethora of information that may help their clients attain a more financially equitable divorce settlement.
The sad fact is that almost 50% of all marriages end in divorce. It’s also a fact that most marriages that end in divorce are in trouble long before the divorce petition is filed.

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Maryland Family Law recognizes eight different grounds for divorce. Adultery, voluntary separation (for at least 12 months), imprisonment (with a sentence of at least three years and at least 12 months already served), and living separate and apart (for at least two years), are among some of the reasons. For the court to grant a divorce based upon any of these grounds, they must be proved in court through evidence and testimony.

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