HOW DOES MARRIAGE AFFECT YOUR TAXES? Tax brackets are different for each filing status. When you get married and file a joint return, your income is combined with your spouse’s and may no longer be taxed at the same rate as when you were single. When you get...
Next month, the IRS will begin distributing the 2021 monthly advance payments for the enhanced Child Tax Credit (CTC) to eligible taxpayers. Due to the intricacies and unintended consequences that will potentially arise, some parents may want to consider opting out of...