As everyone knows by now, last week the US Supreme Court ruled on the constitutionality of the Defense of Marriage Act (DOMA). In a landmark decision, the Supreme Court struck down DOMA, holding that the Federal government cannot bar States from recognizing same sex marriage. While there were many implications stemming from this decision, one […]
Tag Archives: marital deduction
Spousal Gifting for Non-US Citizens
08
Mar
It’s no secret that there are tax advantages to being married. I for one was excited when I got married because that meant I only had to file one joint return instead of two separate returns each year. While that’s just more of a time saver, there are many monetary advantages to being married. One […]