July 9, 2013
Many people get married in the summer and have lots of great fun! One part of marriage planning that most forget is that their tax liability will change as well. It could increase and it could decrease. Many factors are involved in the answer of which direction it will go. The best thing to do is call your tax planner and have them estimate a tax projection for the year. This could help prevent surprises – good or bad – after the tax return is actually prepared.