Skip to main content

Insights from the Fastlane

Blog

Michael DiSabatino of Sharp CFO™ shares expert insights to help you unlock your business's full potential by delivering proven strategies for maximizing tax savings, streamlining operations, and driving sustainable growth.

The information provided on this site is for general informational purposes only and should not be construed as professional financial, tax, or legal advice. For advice tailored to your specific situation, we recommend consulting with a qualified professional.

Understanding Tax Terms: The Marriage Penalty Couples filing jointly still get the short end of the stick

There are a lot of positive things about getting married, but the IRS' marriage penalty isn't one of them.

The marriage penalty occurs when you pay more tax as a married couple than you would as two single filers making the same amount of money. It pops up again and again in the federal tax code.

Continue reading
0
  40496 Hits