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What is a Marriage Tax Penalty?

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Ok sure, taxes are convoluted and we sometimes have trouble understanding exemptions…how to file…dependents. What kind of deductions should I take? If you don’t have the pleasure of being able to afford a CPA, you may be looking for insight on tax rules. If you’re married and you can’t decide how to file, or you heard the dreaded term “marriage tax penalty” here are a few things you should know when diving into your taxes this year.  Marriage Tax Penalty – The Myth, the Legend Filing your taxes as a single person can be tricky enough – withholding, W-2s, deductions […]

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