July 02, 2013
Nanette Lee Miller, West Coast Partner-In-Charge of Assurance Services, Featured in Businessweek Article "IRS Already Under Siege Must Make Rules for Gay Marriages: Taxes"
By Richard Rubin
The U.S. Internal Revenue Service, already under unprecedented scrutiny, must make another tough call - whether to recognize the same-sex marriages of taxpayers whose home states don’t consider the unions legal.
Underneath that big decision are dozens more stemming from the June 26 U.S. Supreme Court ruling that invalidated the federal government's definition of marriage as between one man and one woman. The IRS, which said last week it would "move swiftly," must set rules for amending prior years' returns and weigh potential penalties for under-withholding.
Each decision may mean thousands of dollars in costs or benefits to couples across the country who are trying to figure out what the court's ruling will do to personal finances that long were structured to avoid running afoul of the IRS.
"It's a simple statement and then there's all these complexities," said Nanette Lee Miller, a partner at Marcum LLP in San Francisco who leads the accounting firm's practice for same-sex couples.