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LGBTQ+ Couples Need Tax Planning Now More Than Ever

By Forbes   |   Aug 28, 2024 at 11:52 AM EST
LGBTQ+ Couples Need Tax Planning Now More Than Ever

Tax planning for LGBTQ+ couples can be crucial due to marriage penalties and higher tax rates for double-income households. Strategies like maximizing retirement contributions, hiring your spouse, and utilizing deductions can help reduce tax bills and increase wealth. It is important to be proactive and seek expert advice to optimize tax planning.

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