Mastering Tax Considerations During a Divorce in Colorado | Episode 192

Today, we re-visit the world of taxes and divorce. Ryan and Amy host an enlightening conversation where they dissect everything from capital gains to Medicare tax, and even the often-overlooked consequences of depreciation recapture. They pull from  different scenarios to show you how not accounting for these factors can have significant financial implications. They also navigate the recent shifts in alimony tax law and unravel the intricacies of gross versus net income calculations. By the end of the discussion, you'll appreciate the critical role CPAs play in divorce proceedings, understand the importance of modeling different financial outcomes, and be aware of how arbitration can effectively solve tax disputes post-divorce. What is Divorce at Altitude? Ryan Kalamaya and Amy Goscha provide tips and recommendations on issues related to divorce, separation, and co-parenting in Colorado. Ryan and Amy are the founding partners of an innovative and ambitious law firm, Kalamaya | Goscha, that pushes the boundaries to discover new frontiers in family law, personal injuries, and criminal defense in Colorado. To subscribe to Divorce at Altitude, click here and select your favorite podcast player. To subscribe to Kalamaya | Goscha's YouTube channel where many of the episodes will be posted as videos, click here.  If you have additional questions or would like to speak to one of our attorneys, give us a call at 970-429-5784 or email us at [email protected].************************************************************************DISCLAIMER: THE COMMENTARY AND OPINIONS ON THIS PODCAST IS FOR ENTERTAINMENT AND INFORMATIONAL PURPOSES AND NOT FOR THE PURPOSE OF PROVIDING LEGAL ADVICE. CONTACT AN ATTORNEY IN YOUR STATE OR AREA TO OBTAIN LEGAL ADVICE ON ANY OF THESE ISSUES.