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New tax-filing status tips for clients: Tax Strategy Scan
Source:
financial-planning.com
- Dec 19, 2018
Tips on deciding which tax-filing status is best for you
Married couples may file joint or separate returns next year, depending on which of these two options will they choose to take advantage of the tax changes under the Tax Cuts and Jobs Act, according to this article on The Wall Street Journal. Data show that most couples file joint returns, as filing separately could mean bigger a tax bill. However, filing a separate return is recommended if they distrust their spouse's finances.
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Category: General Business
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