It’s that time of year again – tax season is upon us. As discussed in my previous blog, it is important when preparing for a divorce in Texas to be aware of your assets and debts before you meet with a lawyer. It is my recommendation to have the two prior year tax returns in your possession at your initial consultation.
The IRS has now made access to your prior year tax returns easier. As reported by TechCrunch.com, Americans can now download their tax return transcript directly from the IRS. Before this feature became available, it would take approximately two weeks for a copy of any prior year tax return to be sent by the IRS through regular mail.
Take advantage of this new feature and become better informed and prepared. Download your prior year(s) tax return here: http://www.irs.gov/Individuals/Get-Transcript