Marriage, Divorce, Job Changes & More: How Major Life Events Impact Your Taxes
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Marriage, Divorce, Job Changes & More: How Major Life Events Impact Your Taxes
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Your life just changed—what does that mean for your taxes? In this episode of Hidden Money, Mike and Kevin dig into major life events and how they impact high-income earners at tax time. From the overlooked financial traps of divorce to surprising tax benefits of having a baby in December, this is your real-world guide to navigating tax strategy through life’s biggest moments.
Here’s what they cover:
The real tax cost of divorce (and how to avoid the double gut punch)
Why married filing jointly isn't always the best default
Planning for child tax credits and 529 strategies
Withholding mistakes newlyweds make (and how to fix them)
How high-income earners can keep more of their raise
Tax strategy isn’t just for April 15th—it’s for every life event that hits your bank account. Get insights, laugh a little, and start building a smarter financial future.
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