Latest Post

For married couples facing separation and/or divorce, filing a joint income tax return can offer significant financial advantages and can be a powerful tool for couples looking to optimize their tax outcomes. While individual tax circumstances vary, many couples find that this method of filing can result in considerable tax savings and benefits that help them manage their finances more effectively including:

  • Potential for various tax deductions and credits
  • Expediting due refund(s)
  • Lower overall tax rates
  • Shared expenses that qualify for deductions are easier to track

This route is legally sound as encountered in In re Marriage of Solis-Cantrill and

Continue Reading Should Separating or Divorcing Couples File Joint Tax Returns?