By Sidney Kess, James A.J. Revels, James R. Grimaldi, and Thomas K. Lauletta
The CPA Journal
February 2019
The National Center for Health Statistics reports that more than 2.1 million couples get married in the United States each year. Few probably give any thought to the tax implications of their union. But taxes can have a big impact—positive or negative—on marriages. Tax advisors can provide valuable insight and guidance to those thinking about marriage or who have recently tied the knot. This is especially true in light of the changes introduced by the Tax Cuts and Jobs Act of 2017 (TCJA), which are discussed at multiple points in the following article.
Published with permission from The CPA Journal.
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