Family and Taxes
The Latest
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April 4, 2013If you got married last year, you’ll be checking the “married, filing jointly” box on your tax return. As a couple, your taxes will go up or down, depending on what each of you earns.
If one of you earns most of the income, you get a...
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March 21, 2013You do — which comes to most people as a surprise.
You probably know that you owe a nanny tax on the wages of a...
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March 17, 2013NEW YORK (MainStreet) — American newlyweds have cleared one financial hurdle already, paying on average more than $25,000 for a wedding in 2012, according to...
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February 28, 2013When you receive a windfall — whether it’s an inheritance from a relative, winnings from the lottery or gambling, or proceeds from a legal settlement...
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February 26, 2013NEW YORK (MainStreet) — If you are paying alimony you may be able to claim an “above-the-line” deduction on your 2012 Form 1040. To be deductible alimony payments must be in cash (or check)...