This article provides a comprehensive guide on tax and financial issues in divorce. It covers topics such as the financial aspects of divorce, mediation, tax implications of financial support, property transfers, filing status, allocation of deductions, innocent spouse rules, and business valuation. The main goal is to help individuals going through a divorce understand the complex financial and tax implications involved. Key findings include the importance of understanding marital versus nonmarital property, the tax impact of property transfers, and the valuation process for closely-held businesses.