While many routines in life remain consistent, the tax code isn't one of them. Every year brings adjustments, and 2023 is no exception to that rule. Several vital changes, driven by inflation, have impacted everything from tax brackets to retirement contributions, but don’t fret - some of the changes might even be beneficial. Read through to get a clear breakdown of what's new, and the ways in which it will (or will not) affect your tax status this year. If you need expert tax advice or clarification on any of these adjustments, arrange a meeting with your CPA or other professional tax preparer.

It’s no secret that marriage is a life-changing event, often in ways you never expected. One of those oft-overlooked changes is the impact that getting married can have on your taxes. Learn more about the eligibility criteria and explore the best strategies to maximize your savings. Whether you’re newlyweds or are celebrating a milestone anniversary, a better understanding can help you and your spouse make more informed financial decisions. There are a relatively broad range of tax breaks for married couples. Discover the advantages and benefits, all of which have the potential to lead to significant savings.

June isn't just a time for soaking up the early summer sun; it's the most popular month for couples to get married. About 10.8% of engaged couples will set a date sometime in June, which edges out August for the most wedding-saturated month of the year. Whether you’re having a small or large ceremony, a reception for 20 or 200, you have likely been making plans for months or even years. In the midst of all the excitement, you probably won’t be thinking about your tax filing status. When tax time rolls around next year, here’s the information you’ll need regarding how tax filing status changes for married couples.