Despite changing gender roles, a number of wives still let their husbands handle most of the family finances, including taxes. This means that many newly-divorced women are facing the tax season alone for the first time, or at least for the first time in many years. Couple that with the fact that the last year has probably been one of the life changes that will need to be reported on your state and federal taxes, and it's perfectly reasonable to feel confused and overwhelmed as April 15 grows closer.
Texans going through a divorce are likely overwhelmed on many different levels. Many couples neglect to think about how their custody, support and asset division agreements will impact their taxes, but they can -- significantly. The decisions you make after you and your spouse split up and during your divorce can have a significant impact on future taxes. Here are a few things to consider and discuss with your financial and legal advisors.