Tax planng is a major part of LGBTQ Wealth Management. Gay fancial advisor David Rae outl how to mimize the pa of the gay marriage penalty.
Contents:
- O'ROURKE SAYS CHURCH AGAST GAY MARRIAGE SHOULD LOSE TAX BENEFS, DRAWS BACKLASH
- HOW HIGH INE GAY COUPL AVOID THE MARRIAGE TAX PENALTY
- GAY MARRIED UPL TO RECEIVE TAX BREAKS SPE RISK OF TORY BACKLASH
- THE MARRIAGE PENALTY: GAY MARRIAGE AND TAX LAW
- GAY MARRIAGE: A TAX GUI FOR NEWLY-WEDD UPL
- NO NCSNS FOR TORY RIGHT DAVID CAMERON'S PH FOR GAY MARRIAGE
- 4 VALUABLE TAX PLANNG STRATEGI GAY COUPL NEED TODAY
O'ROURKE SAYS CHURCH AGAST GAY MARRIAGE SHOULD LOSE TAX BENEFS, DRAWS BACKLASH
Tax planng is importand for high e LGBT upl. The marriage penalty n h gay and lbian upl particularly hard, rultg high tax bills. * gay marriage tax breaks *
Can Gay Coupl File Jot Tax? Do the IRS Regnize Gay Marriage? The Marriage penalty n h gay uple uple hard.
Makg tax planng for gay upl even more... As a gay fancial planner, I am fortunate to offer fancial planng guidance to many LGBT upl. From a tax planng standpot, gettg legally married may greatly crease the tax bills for gay and lbian married upl.
To do this efficiently, gay upl mt talk about money, talk openly about money, and often talk about money. As a ltle extra motivatn, savg money on tax may be the difference between beg able to afford that bucket list gaytn you have been dreamg of or wrg a big check to the IRS.
HOW HIGH INE GAY COUPL AVOID THE MARRIAGE TAX PENALTY
* gay marriage tax breaks *
Hopefully, you are workg wh a fabulo gay fancial planner who is helpg make this procs easier while mimizg your tax a fabuloly easy manner.
Keep readg to see a few of the ways the marriage penalty smacks the fanc of gay upl. [+] makg the marriage penalty crease the tax bills for gay and lbian. The 'Marriage Penalty' Is Rough For Many Gay Coupl.
Over the past 18 years helpg gay upl wh tax planng and fancial planng, I have seen many LGBT upl get slapped wh a high tax bill om the marriage penalty. Y, I am aware many same-sex upl have children, but parentg is still ls mon the gay muny. Gay and Lbian upl are more likely to be double e and tend to live more expensive parts of town (on average, of urse).
GAY MARRIED UPL TO RECEIVE TAX BREAKS SPE RISK OF TORY BACKLASH
Bill givg gay upl same tax benefs likely to tensify Tory opposn to David Cameron's plans to refe marriage * gay marriage tax breaks *
(Photo by Amy Ssman/Getty Imag for Livg Spac) The marriage penalty will also h gay homeowners pecially high priced plac like Los Angel and Palm Imag for Livg Spac. As a fancial planner who ris Los Angel and Palm Sprgs, I'll tell you this is a big al for many of my clients who are gay upl. Wh many gay upl livg expensive parts of town, this benef n be a huge tax saver.
THE MARRIAGE PENALTY: GAY MARRIAGE AND TAX LAW
Many gay and lbian married upl 36 stat will be filg jot tax returns for the first time this year. If you fall that group, don’t get ught off guard this tax season by higher tax rat or benefs you didn’t know were available. * gay marriage tax breaks *
MORE FROM FORBESHow To Plan For Retirement As A Gay CoupleBy David RaeSALT CAP Marriage Penalty for LGBT Coupl. Further, uld make sense for both spo to crease (or perhaps start) maxg out their retirement acunt ntributns based on their tax bracket as a gay married uple. High-earng gay-owned small bs uld lower their taxable by lns of dollars over the next FROM FORBESHow To Get The Bt Gay Fancial Planng AdviceBy David RaeA uple that fil tax together is married.
GAY MARRIAGE: A TAX GUI FOR NEWLY-WEDD UPL
Whether gay, straight, or otherwise, tax time is not sexy time.
NO NCSNS FOR TORY RIGHT DAVID CAMERON'S PH FOR GAY MARRIAGE
The Internal Revenue Service today answered a hugely important qutn that has lgered sce the Supreme Court's historic June 26 cisn on same-sex marriage: In termg whether a gay uple is married for feral tax purpos, will the IRS apply the law of the state where they live, or the law of the state where they got married--which lawyers ll the “state of celebratn”? Many gay upl who don’t live a state that allows them to marry go elsewhere for the marriage ceremony, and then go back home. Wrg the Supreme Court majory opn legalizg gay marriage, Jtice Anthony Kennedy emphasized that “religns, and those who adhere to relig doctr, may ntue to advote wh utmost, scere nvictn that, by dive precepts, same-sex marriage should not be ndoned.
Here are the top tax ems newly-married, or newly-regnized, gay upl need to know. As a married gay fancial planner, I am fortunate to offer LGBTQ Wealth Management and LGBTQ fancial planng guidance to many succsful gay upl om across the untry. From a gay tax planng standpot, the right to get legally married may signifintly crease the tax bills for top-earng gay and lbian married upl.
Wh the var marriage penalti the tax , tax planng is imperative for middle-to-high-e gay upl.
4 VALUABLE TAX PLANNG STRATEGI GAY COUPL NEED TODAY
Gay Coupl Need Proactive Tax Planng Guidance.
Many gay upl only thk about their tax when they are forced to by the var IRS tax filg adl. Before marriage equaly, gay upl didn’t even have to talk tax wh their signifint other this often. Work wh your spoe and proactively plan to mimize your tax, pecially if one or both of you are self-employed, a gay bs owner, or have equy pensatn (thk stock optns, RSUs, etc.