In June of 2013, the US Supreme Court struck down the Defense of Marriage Act (DOMA) that previously defined marriage as a union between a man and a woman.
DOMA Representation Assistance
More than 1,000 federal laws have been affected by this ruling, but it was a tax issue which led to the end of DOMA.
Though the effects of the tax changes are largely determined by what state you live in and whether or not same-sex marriages are recognized, it’s important to fully understand if and how they may affect you. Due to the complexity of this issue, Romano & Mitchell specializes in DOMA representation and the changing state and federal implications on legal marital status.
Among the areas affected by the termination of DOMA are numerous credits and deductions including:
- Joint federal filing for married same-sex couples
- Application of tax rates
- Computation of adjusted gross income (AGI)
- Calculation of tax on Social Security benefits
- Federal gift and estate tax exemption on transfer of gifts between legally married spouses (now applicable for same-sex spouses)
- ERISA (a law which governs employee benefit plans) recognition
The IRS has moved rapidly to provide guidance on the many tax aspects which are affected by the DOMA ruling.
We, in turn, can provide assistance and assurance that all of your tax filings are compliant with laws impacted by the repeal of DOMA and all other current federal, state, and local laws. In addition, we provide clients with guidance to potentially gain benefits from amending previously filed tax returns.
Book your free consultation with Romano & Mitchell by contacting us today and learn what your options are with DOMA representation today.