8 Life Events That Can Change Your Tax Situation

Photo by BrianAJackson from Envato Elements

Every tax filing season could come with some serious financial changes. Nothing is certain about taxes and no matter what your efforts might be, you could end up either increasing or decreasing your taxes every single year. This could happen due to some common life events.

“Young adults may get married, start families, buy homes, and many are paying down student loans. As people age, they might have growing medical expenses or maturing retirement investments. All these things have an impact on your taxes,” says Seth Babb, director of consumer product at TaxSlayer.

Read on to discover some life events that could affect your tax situation:

1 23 ... 9NEXT

Leave a Comment

Your email address will not be published.

gun law

5 States to Implement New Gun Laws in 2022

Last year, the Biden administration announced proposed legislative changes and executive actions to restrict “ghost guns,” “the creation of new,” and “red flag laws” and ATF clarification of firearm stabilizing braces. For law-abiding gun owners and for people who want


13 Laws That Make America a Better Place

We all want a better country to live in! And usually the “friend in need” is the law. They are the most important things for a state to function properly. Some of the most important laws were written in the

From Our Network: