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Federal Tax Implications of Windsor
(CPA Journal) - The ruling is significant for same-sex married couples, who were denied federal tax benefits previously only available to couples in opposite-sex marriages, per Revenue Ruling 2013-17. Such benefits include, but are not limited to, income tax benefits, estate and gift tax benefits, and employee tax benefits.
Trying to Talk With IRS Can Be Taxing
(LA Times) - No one expects the federal government to be a model of efficiency. But with a projected deficit of nearly $600 billion this year, you'd think officials would do everything possible to help people pay their taxes..
District Court Invalidates Husband’s Transfer of Property to Spouse
(JofA) - The District Court for the Northern District of Illinois invalidated a husband’s quitclaim deed that purportedly transferred ownership of the marital residence to his spouse. The husband, Jack L. Stone, had unpaid federal tax liabilities, and the government was seeking enforcement of tax liens against him.
Workplace Benefits That Are Disappearing
(US News and World Report) - If you’re getting one of these benefits, take advantage of it while you still can.
14 Optical Illusions That Prove Your Brain Sucks
(PC Mag) - Our brains filter through a constant tsunami of stimuli and piece the important parts together to recreate what we know as "reality."
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