Filing Jointly or Separately ?

If you are recently married or experienced a life change, you might be asking yourself this question. Navigating the tax world can be expensive and confusing, which is why it is always best to consult and experienced CPA to ensure you save money.

A couple things to consider are individual income vs. joint. If one of you makes under the tax threshold, it could be beneficial to file separately. Similarly, if one spouse is a 1099 employee with varied income and claimed expenses, it could be easier to file separately. HOWEVER, generally it is always better and more cost effective to file jointly. A CPA can determine the answer to this question for you as each person’s situation is unique.