July 18, 2016
While most couples go to great lengths to ensure that their wedding day is perfect, far fewer think about how their nuptials will impact their tax liability. The truth is, the moment you get married, no matter what time of the year it is, in the eyes of the government you are considered to have been married for the entire tax year. With this in mind, here are some tax tips to consider as you prepare to walk down the aisle:
Don’t let tax stress put a damper on your big day. Take a few moments to talk about taxes with your partner before your wedding, or schedule some time to consult with one of our professionals after the honeymoon.
The recent popularity of M. Night Shyamalan “Old” offers a fascinating yet unsurprising truth—we fear aging. This fear could be why so few of us consider saving for retirement until it’s too late. When seniors reach retirement age, many discover they haven’t saved enough to live comfortably in their golden years.
The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that doesn’t match the agency’s records.
Scheduling “me time” used to be a luxury for those who could afford it—now it’s a necessity for everyone.