Let’s get down to it! Should a married couple file taxes jointly or separately? The questions can be a very important one for you depending on what you want. They both have benefits to your financial outcome when it comes to taxes so choose wisely. Below are the differences of married filing jointly and married… Continue reading Should a Married Couple File Taxes Jointly or Separately?
Tag: Tax Relief
5 Things to Avoid If You Owe Money to the IRS
5 things to avoid if you owe money to the IRS…The questions are, do you owe money to the IRS? Many people dread tax season. While a sizable return is a cause for celebration, owing money to the IRS is never fun—especially when you haven’t budgeted for a high bill. Unfortunately, avoiding the debt won’t… Continue reading 5 Things to Avoid If You Owe Money to the IRS
The Top 5 IRS Audit Red Flags and How to Avoid Them
If you are one of many Americans with “audit anxiety,” you’ll likely dread the idea of the Internal Revenue Service showing up at your house and rummaging through your receipts and bank statements to check for errors, penalizing you with hefty fines or even seizing your assets. Many myths surround the IRS, such as the… Continue reading The Top 5 IRS Audit Red Flags and How to Avoid Them
The Real Truth About Lottery and Gambling Taxes
Do you know the real truth about lottery and gambling taxes? Have you ever wished for money to magically fall from the sky so that you could pay off your debts, buy a gorgeous new house, or travel around the world? You could casually drive around your neighborhood in a Lamborghini, and the figurative Joneses… Continue reading The Real Truth About Lottery and Gambling Taxes