SubscribeStay Organized: Things haven’t changed that much. But if you were not organized before, get your finances in order. Keep records of your earnings and expenses all year long. And make sure your keep receipts and records for potential write-offs.
Joint or Separately: Another common issue, is determining if you should file jointly or separately. You need to weigh the pros and cons of both sides. Filing jointly saves a married couple money in almost all cases. But it can also cause problems. If one Spouse has trouble with the IRS, the innocent spouse will also be held liable for the tax debt.
Jointly: Filing jointly qualifies you for certain deductions and credits.
Separately: Filing separately relives you from joint liability of taxes. For example, if you are suspect your spouse is evading taxes, file separately.
Love and Marriage: Marriages sour when financial issues are bought into the mix. It’s important to take care of that aspect of your married life first if you want everything else to be smooth sailing. So stay organized! Don’t let your romance turn into an episode of “Married with Children.”
Now You Have The Smoking Gun…Use it!
Richard Close was an IRS-Hitman. He worked as a revenue officer for the IRS and his father was the head of the collections branch for 30 years; so it runs in the family. He left that behind and now he’s partnered with Tax Defense Network to help thousands of Americans with their tax problems. He gives the tips and tricks for you to fight the IRS and win! Visit him at: http://irs-hitman.blogspot.com or http://www.taxdefensenetwork.com or contact: email irs-hitman@taxdefensenetwork.com or 1-888-248-9058.
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