| Bad Scenarios: There's nothing like untainted young | | | | jointly saves a married couple money in almost all |
| love. But even though you're married, some things will | | | | cases. But it can also cause problems. If one Spouse |
| never change. Your taxes are still due. And IRS Debt | | | | has trouble with the IRS, the innocent spouse will also |
| can turn your happily ever after into a living nightmare. | | | | be held liable for the tax debt. |
| You need to stay on top of the game. If you made | | | | Jointly: Filing jointly qualifies you for certain deductions |
| even one small mistake, it could already be too late. | | | | and credits. |
| Read up on these tax tips for newlyweds. | | | | Separately: Filing separately relives you from joint |
| Stay Organized: Things haven't changed that much. | | | | liability of taxes. For example, if you are suspect your |
| But if you were not organized before, get your | | | | spouse is evading taxes, file separately. |
| finances in order. Keep records of your earnings and | | | | Love and Marriage: Marriages sour when financial |
| expenses all year long. And make sure your keep | | | | issues are bought into the mix. It's important to take |
| receipts and records for potential write-offs. | | | | care of that aspect of your married life first if you |
| Joint or Separately: Another common issue, is | | | | want everything else to be smooth sailing. So stay |
| determining if you should file jointly or separately. You | | | | organized! Don't let your romance turn into an episode |
| need to weigh the pros and cons of both sides. Filing | | | | of "Married with Children. |