You’ve found the love of your life and you’re ready to tie the knot.
As a friend, I’m delighted for you. But as an accountant it’s my duty to warn you that getting married has serious tax implications.
Want to learn how federal income taxes, estate taxes, and gift taxes will impact your new married status?
Before you get hitched, don’t miss my new article titled Tax Tips: Being Married!
Three ways our fact-filled article can help you:
- You’ll learn whether you should file jointly or not. Yes, marriage can produce a tax-rate advantage. But getting married can also increase taxes if the couple brings the “wrong” income to the union. We’ll give you the details when you read the full article.
- We’ll explain the “marriage bonus.” It’s a fact. When you marry someone with a lot less taxable income, you save a lot of money. Get all the facts when you read the full article.
- We’ll tell you the good news about your IRA. When it comes to your IRA, there are two possible tax advantages your marriage can provide. Find out what they are when you read the full article.