Couples who file a joint tax return are jointly liable for any tax debt. However, the law provides a way for a spouse to be relieved of a liability separate from his or her spouse....
Posted by Peter J. Marchiano, Jr., CPA on 02/14/2018
When it comes time to file your taxes, you have to know your status. For most people, it is as simple as whether you are married or not as of Dec 31. But there are some special situations...
When struggling with the filing personal taxes at the end of the year, we all find ourselves asking the same question: Should I itemize my return or opt for the standard deduction?...
Posted by ALJ Business Services,LLC on 01/18/2018
Posted on by Jim Borland, Assistant Deputy Commissioner, Communications - Social Security MattersEvery worker’s dream is to enjoy a secure retirement. Social Security...
When a spouse dies, there can be a lot of financial considerations, especially if the spouse that passes was the primary breadwinner or the one who handled the retirement planning....
When it comes filing your tax return, your filing status can make a big difference on the size of your tax liability. Additionally, your tax filing status can even determine if you...
Taxes are complicated. However, the least complicated thing about taxes are the tax brackets. If your income is between certain numbers, then you pay whatever rate is associated with...
Come tax season, your ultimate goal when it comes to filing your return is to maximize your tax savings. There are several ways to this both throughout the year with investment options...
The first step when it comes to filing your federal tax return is going to be deciding just how you’re going to file. The first major question you’ll need to ask yourself is “Should...