Same-sex married couples have the opportunity to go back and amend their last 3 years tax returns. Most don’t know whether it is financially beneficial to amend their tax returns or how to find out. To help same sex couples get back every dollar, Intuit TurboTax has developed a new online decision tool.
Under the new law, on or after Monday, September 16, legally married same-sex couples must now file their taxes as married filing separate or married filing jointly so if you haven’t filed your 2012 tax return yet, you still have a choice to file as married or single before September 16.
As a result of the recent U.S. Supreme Court decision to strike down part of the Defense of Marriage Act (DOMA) on June 26, the U.S. Treasury Department and the IRS announced today that same-sex couples legally married in states that recognize same sex marriage, will be treated as married for federal tax purposes.
Congratulations on getting married! As you two embark on this journey together, I wanted to share some tax deductions that can help you come tax time. One thing that you may not be familiar with is exactly how tax deductions help you.
On Wednesday the Supreme Court overturned the Defense of Marriage Act (DOMA). Same-sex couples who are legally married will now be recognized by the federal government, meaning it will be easier to file their taxes among many other things.
Average wedding costs are back on the rise with the average cost for tying the knot at about $28,000 in 2012. Newlyweds (or their families) are spending more due to regained confidence in the economy and all the new amenities available for guests (everything from photo booths to cartoonists). Our infographic looks at the average costs of wedding expenses and the sales tax associated with those costs.
If you got married or divorced last year, you may have to complete an extra step before filing your taxes if you changed your name. If not, you may have a hassle when it comes to filing your taxes. I wanted to make things easier for those making the name transition by giving you an overview of the process.
Summertime is a busy time for weddings and wedding planning. You have to think about the venue, band or DJ, photographer, florist, videographer, dress, cake, musicians, invitations, and more. But before you plan your nuptials, check out our infographic, which shows you how the time of month, day, and location can impact your wedding costs.