Many times a divorcee decree will grant the noncustodial parent the right to claim as dependents minor children in alternating years. For example, the custodial parent can claim the child(ren) in years ending with even numbers, and the noncustodial parent can take them as dependents in years ending with odd numbers.

Everyone knows a child when they see one. Right? Not so fast.... Let's look at how the IRS has recently clarified the definition of a Qualifying Child?

Don't be late - You'll pay...File for an extension if neededIt is never a good idea to file a tax return late. The IRS, State of Ohio, and virtually every municipality will assess penalties on returns filed past the due date. If you simply run out of time, or don’t yet have all the needed information, it is perfectly fine to file for an extension.

If you were recently married or divorced, you’ll want to ensure the name on your tax return matches the name registered with the Social Security Administration (SSA). Here's what you need to know.

If you were legally married on 12/31/09, the IRS considers you married for the entire year of 2009.ringsYou now must decide if you are going to file as Married Filing Jointly (MFJ) or Married Filing Separately (MFS). Note that if you file MFJ it is an irrevocable election—you cannot go back and amend a MFJ return to a MFS return.

Last week we talked about the new Schedule M. This week we’ll look at the new Schedule L.This form is designed for those who typically take the standard deduction on their tax return (those who cannot itemize.) Specifically, it's where you deduct real estate taxes, motor vehicle sales taxes, and disaster losses.