You may be shocked to learn that the federal government has a subtle hand in encouraging marriage through income tax break. Admittedly, much of the population wouldn’t consider taxes when deciding with whom to spend the rest of their lives. As these tax laws make a big impact on people’s lives, it falls to lawyers to discuss the tax consequences to life’s biggest moments, including marriage. In the age of the Tax Cuts and Jobs Act of 2017, let’s examine how marriage will affect your tax bottom line in 2019. You’ll be off to a good start toward enjoying your all-inclusive honeymoon and won’t have any nasty surprises come tax season.
Premium Content For:
- Current ABA Member