MEDIA ALERT: Don’t Let Taxes Be a Wedding Crasher. Wolters Kluwer Tax & Accounting Experts Talk Tax Implications for Newlyweds
--(BUSINESS WIRE)--Jun 26, 2019--
Wolters Kluwer Tax & Accounting:
What: Wedding season has begun and as the flowers are ordered and the menu finalized, another important aspect of a successful wedding plan should also include a look at the couple’s soon-to-be tax situation. Wolters Kluwer takes a look at tax implications for marriages, including same-sex marriages, which to more and more states, are becoming defined as simply ‘marriage.’ This definition also holds true in regards to tax law.
Why: Depending upon several factors, including the incomes of the two spouses and their deductible expenses, their federal taxes may go up or go down upon marriage. The happy couple can also take a few steps to plan ahead to make their financial relationship a happy and successful one.
Who: Federal tax expert Mark Luscombe, JD, LL.M, CPA, Principal Federal Tax Analyst at Wolters Kluwer Tax & Accounting, is available to discuss the federal tax issues associated with marriage. State tax expert Timothy Bjur, J.D., Senior State Income Tax Writer/Analyst at Wolters Kluwer Tax & Accounting, is available to discuss the state tax issues associated with marriage in more detail.
PLEASE NOTE: The content of this article is designed to provide accurate and authoritative information in regard to the subject matter covered. The information is provided with the understanding that Wolters Kluwer Tax & Accounting is not engaged in rendering legal, accounting, or other professional services.
Contact: To arrange interviews with Mark Luscombe, Timothy Bjur or other federal and state tax experts from Wolters Kluwer Tax & Accounting on this or any other tax-related topics, please contact
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CONTACT: MICHAEL McMANUS
KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: RETAIL FINANCE BANKING ACCOUNTING PROFESSIONAL SERVICES WOMEN MEN BRIDAL GAY & LESBIAN FAMILY CONSUMER
SOURCE: Wolters Kluwer
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PUB: 06/26/2019 10:00 AM/DISC: 06/26/2019 10:01 AM