Lawyers Share the Most Chaotic Divorces They’ve Ever Seen

Pay your taxes

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Buddy of mine got divorced. He had a contracting business and was doing quite well.

During the divorce proceedings they decided to sell the business and divide the proceeds. They sold it for over $2 million, and she got 60% in lieu of alimony.

Well, the selling of the business triggered a tax audit and when all was said and done they owed over $700,000 in back taxes and penalties.

Back to court they go.

He claims, “Since she took 60% off the business she should take 60% of the debt. The judge agreed with him.

Unfortunately for her, she had pretty much spent all the proceeds from the divorce and now owed $420,000 to the government, plus accumulating interest.

Anonymous

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