First up, why do life events change our taxes?
Consider your Pinterest boards—you probably have some colorful inspiration for just about everything to remodeling a fixer-upper to decorating ideas for your youngest child’s room once he or she finally leaves the nest. But while you might not think beyond those goals, once they become a reality, the government wants a piece of your hard-earned pie. “Taxes are a reflection of our lives. As life becomes more complex so does one’s tax situation. When you’re young, the only tax matters are relating to simple wage income and educational expenditures. But as life progresses family and business lives filled with various investments tend to create more complex tax pictures,” explains Crystal Stranger, the president of 1st Tax Inc.
from Reader's Digest http://ift.tt/2mRVItP
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