The Coming Married Filing Separate Bonanza

Get ready for a tax revolution that could save you a fortune. Today, I'm diving into how smart tax planning, when combined with savvy student loan repayment strategies, can shield you from giving Uncle Sam more than his due. Discover why having a trusted advisor who understands the nuances of your profession, earnings, and debt is vital, the influence of the new SAVE plan on married couples' filing status, and the ramifications of the IRS and Department of Education's data sharing for your wallet. With complex rules and your financial future in the balance, we're blending tax advice with wealth management to bolster your loan repayment plans — and for a short period, we're dropping the sign-up fee.

In today’s episode, you'll find out:

• How our survey on the SAVE plan and data sharing reveals crucial tax insights many don't know
• Why the new SAVE plan is swaying more couples to file taxes separately
• Must-know tax planning tips for student loan holders to sidestep future financial pitfalls
• Whether filing a tax extension could be a smart income move
• Best practices for claiming dependents in complex tax situations
• Tax structuring secrets for married borrowers in community property states
• What the latest IRS rules and your debt situation mean for loan forgiveness options
• The urgent call for coordinated tax planning in light of automated IRS-Education Department data sharing
• The often-overlooked long-term expense of DIY tax software like TurboTax
• The financial logic behind our bundled financial and tax planning services launching now
• A sneak peek at next-level tax strategies we'll explore in upcoming episodes

Links mentioned: 

• Find out more about SLP Wealth
• Book an onboarding call with SLP Wealth

 

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!