(855) Marcum1 | FOLLOW US           
Marcum LLP
  • EVENTS
  • OFFICES
  • CAREERS
  • SUBSCRIBE  
  • 中文
Marcum LLP
News

As Seen In

 

In This Edition

Financial Advisor

Janis Cowhey, Co-Leader of the Modern Family & LGBT Services Group, Quoted in Financial Advisor Article, "Supreme Court Rulings' Impact On Tax Planning."

Featured: Janis Cowhey, Partner, Tax & Business

Share:

Excerpt:

Some recent high-profile U.S. Supreme Court decisions have clarified the tax situations for many clients of financial advisors.

"It levels the playing field for everybody," said Janis Cowhey, a partner at Marcum LLP in New York and co-leader of the firm's Modern Family & LGBT Services Practice Group. "Now it's just about planning for a couple and a family."

Affected clients in other states should wait to file amended returns until their state has provided guidance, unless an open year is about to close because of the statute of limitations expiring, advises Janis Cowhey, a partner and co-leader of the Modern Family and LGBT Services Practice Group at the accounting firm Marcum LLP in New York City.

In the future, tax compliance will be simpler for same-sex couples. In the non-recognition states, in order to file as singles at the state level, couples had to trace deductions to the partner who actually paid the expense—a painful record-keeping exercise. But now with the ability to jointly file state returns, the need to trace disappears. "They can look at their deductions as a household unit," Cowhey says.

Click here to read the full article on www.fa-mag.com >>

 
Featured
Janis L. Cowhey

Partner
Tax & Business
New York, NY
 
 
HAVE A QUESTION? ASK MARCUM
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
               
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

DOWNLOAD THE MARCUM ON THE GO APP

© 2016 Marcum LLP. All Rights Reserved.
Privacy | Legal | Sitemap