Avoiding tax headaches in Ontario separation and divorce
Spring may be in the air when April arrives, but it also signals tax reporting time. For Ontario couples who have undergone separation and divorce and are also spousal support payors or recipients, calculating returns can be a headache. Who gets to claim what, and how, is a question that family law lawyers hear repeatedly as filing deadlines loom. Thankfully, some simple guidelines can be applied because tax laws recognize the reality that two households are …