The Supreme Court's recent decision striking down the Defense of Marriage Act has created a host of tax issues -- and possibilities -- for accountants, financial planners and their clients. in fact, at its heart, the case, U.S. vs. Windsor, was a tax case revolving around almost $400,000 in taxes owed on the estate of a same-sex couple.
With same-sex couples now eligible for many new tax benefits, they'll be looking to their advisors for advice and services. To help you navigate the issues resulting from the decision and help your clients understand what comes next, we've assembled all our coverage and other resources in one place, along with resources from some of our sister publications, Financial Planning and On Wall Street:
Supreme Court’s DOMA Ruling Has Important Tax Implications Supreme Court Ruling Narrows Tax Benefit Gap for Gay Couples Podcast: Tax and Wealth Planning Implications of Supreme Court's DOMA Decision Gay Rights Rulings Have Big Impact for Advisors (FP)Practice Profile: A Practice to Be Proud Of Same-Sex Couples: The Emerging Client Niche (OWS)Video: Running an LGBT Practice Video: What the DOMA Decision Might Mean Same-Sex Couples Await Supreme Court's DOMA Decision for Tax Rules