Filing taxes as a married couple is a significant financial decision. While the default option for most couples is to file jointly, there are certain situations where filing separately can be beneficial. In this article, we will explore when it makes sense for married couples to consider filing separately and the potential advantages of doing […]
Article from August 2025
What to Know About Schedule H: Household Employment Taxes
Hiring someone to help around the house, like a nanny, housekeeper, or caregiver, comes with more responsibility than just agreeing on an hourly wage. If you pay a household employee over a certain amount, the IRS expects you to handle payroll taxes like an actual employer. That’s where Schedule H comes in. In this guide, […]