DOMA ruling brings flood of tax, financial analyses
Lots of opinions are being thrown around in the wake of the Supreme Court's ruling that a federal law prohibiting recognition of same-sex marriages is unconstitutional.
Lots of questions are out there, too, especially regarding the tax and financial issues surrounding the ruling. Can gay couples amend previous tax returns to take advantage of their new benefits? What are the estate planning implications? What new retirement strategies are available to same-sex couples?
Analysts from throughout the profession and beyond were quick to offer their take on what it all means for tax preparers, financial planners, and their clients.
Here are just a few of those examinations. Take your pick.
- SCOTUS rules DOMA unconstitutional (and it was a tax case!) (from Forbes)
- CCH tax briefing examines impact of DOMA ruling (from CCH)
- Gay couples get new world of retirement, tax benefits (from Reuters)
- Gay marriage ruling means tax breaks, benefits for many (from MSN Money)
- DOMA ruling: Financial impact and tax implications (from CNNMoney)
- DOMA ruling has important tax implications (from AccountingToday)
- Ruling may simplify finances of some, not all, gay couples (from L.A. Times)
- Joint filing in the tax code (from The Tax Foundation)
- Rulings have big impact for financial advisors (from Financial Planning)
- Ruling means changes loom for employers (from the Wall Street Journal)
- Same-sex marriage ruling: How costly? (from CFO.com)
- Potential state-tax implications of the DOMA decision (from Bloomberg BNA)