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The Dark Side Of Joint Returns Married filing separately is usually a bad deal. Although two individuals might do better being single than married filing joint, marital status is not elective. There is a pretty pervasive sense that filing a joint
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Being able to file a joint return is probably not the most significant of the over 1,000 benefits that hinge on federal recognition of marriages, but it may be the one that affects the most people thereby creating the most tsoris . Basically, I
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There are plenty of money matters for couples to consider before tying the knot, from figuring out how to pay off debt to where to spend all their hard-earned cash. Starting this year, many higher earners can add one more discussion to that list:
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The extra levy affects only a few high-income couples but in very different ways...But those less fortunateif anyone making $250,000 can be considered less fortunatewill incur marriage penalties of as much as $1,350 in additional Medicare tax.
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Setting up a joint bank account to cover shared expenses is a pretty standard move for most couples, but things start to get a little dicey when credit cards join the mix. "Many consumers are confused about what happens to their credit when they get
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The return of the so-called marriage penalty could cost many couples more than $2,000 in higher 2013 taxes if Congress doesn't get its act together and fix the fiscal cliff . As a result of the Bush tax cuts , married couples get a standard deduction
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India's late income tax filers are below 30-yrs '+google_ads[i].line2 +' '+google_ads[i].line3 + ' Agencies : New Delhi, Sun Jul 15 2012, 15:24 hrs Most of the income tax filers in the country who delay their tax filing are below 30 years of age,
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Average federal tax rates paid by Americans in many income groups fell to record levels in 2009, but rose for the top 1% of earners, according to new data from the Congressional Budget Office. The nonpartisan CBO found that the average tax rate for
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A slow moving train wreck known as "Taxmageddon" is creeping toward U.S. taxpayers. You see, if Congress doesn't act by year's end, numerous tax breaks will expire -- and hit every American taxpayer squarely in the wallet...The damage will be so
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This latest report in NY1's tax series covers how newly married same-sex couples face a new and complicated tax scenario. NY1's Money Matters reporter Tara Lynn Wagner filed the following report. Last year marked the first time same-sex couples could
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