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Are you responsible for your spouse’s tax debt?

If you’re married and file jointly, the IRS affords you certain benefits. For instance, your spouse can be a tax shelter, can contribute to an investment retirement account, and help you avoid estate taxes when you die. Married couples filing jointly, however, should...

Key Tax Changes for 2018

More than 50 IRS income tax provisions are being adjusted for inflation in 2018, including the tax rate schedules and other tax changes. Revenue Procedure 2017-58 provides details about these annual adjustments. The tax year 2018 adjustments generally are used on tax...