tax filing status Archives - BeachFleischman CPAs

What happens if an individual can’t pay taxes

August 19, 2020 October 22, 2020 Tax Department Tax Bites failure to file, tax filing status, tax penalties

Tax liabilities don’t go away if left unaddressed. Here’s a look at what happens in the event you (or someone you know) can’t pay taxes on time.

Reasons why married couples might want to file separate tax returns

February 19, 2020 March 18, 2021 Tax Department Tax Bites income tax filing, tax filing status

In most cases, married couples who file jointly save more money on taxes than those who file separate returns. However, there are cases when filing separately is a better option.

What is your taxpayer filing status?

November 20, 2019 November 19, 2019 Tax Department Tax Bites tax filing status, taxes

For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that will be checked on your tax return for the year. When you file your return, you do so with one of five filing statuses, which depend in part on whether you’re married or unmarried on December[ … ]