Tax Implications for Same-Sex Marriage

When The Defense of Marriage Act of 1996 (DOMA) was overturned this past June, legally married same-sex couples are now required to file their federal returns and state results as “married” since all states are now required to recognize and allow same-sex marriage.

Keep in mind, however, that being married for tax purposes is not always beneficial, depending on a number of circumstances. (more…)

Continue ReadingTax Implications for Same-Sex Marriage