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September 2016 Archives

An evolutionary path: same-sex marriage in the federal tax realm

At one time, of course, same-sex partners were not legally defined as married couples in any state of the country. Given that, many people found questions relating to same-sex couples and linked issues surrounding federal taxation to be both incomprehensible and irrelevant.

Yet another example of the power and utility of trusts

Imagine that you're a California grandparent who dotes mightily on the grandkids. As clear evidence of your love, you have been steadily funding college saving plans for them, which have reaped gains over the years owing to their qualified status that protects them from taxation.

How private is your tax return?

With this being an active campaigning year the subject of disclosure of tax returns has surfaced. The top runners for each party have sparred over transparency and the release to the public of their own tax returns.

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