Marriage changes many things. Finances merge. Homes are purchased. Retirement plans become shared goals. Couples begin building a financial future together. But one issue many couples overlook is this: How does tax liability work in a marriage? The answer matters…
Married couples have the option to file jointly or separately on their federal income tax returns. Undoubtedly, married couples during tax season have asked each other if they are filing advantageously, whether currently filing jointly or separately. The IRS strongly…
In June of 2013, the U.S. Supreme Court held in U.S. v. Windsor that provisions of the Defense of Marriage Act (DOMA) were unconstitutional. Prior to this ruling, Section 3 of DOMA required that, for purposes of federal enactments, marriage…