gay marriage

7 Tax Tips for Same-Sex Couples

Changing federal and state laws and court rulings mean new rules on taxes and other financial matters for gay and lesbian couples.

Tax Benefits and Penalties of Marriage

The Supreme Court has struck down part of a law that denied benefits to same-sex couples who were married. The tax benefits of being married, however, are a mixed bag.

Financial Planning for Same-Sex Couples: 5 Tips You Can't Ignore

Though same-sex marriage and gay civil unions are legal in 13 U.S. states, the federal rights that traditional married couples enjoy still don%u2019t apply to such unions. That means that it's critical for same-sex couples to get their paperwork and plans in order.

All Couples Are Not Created Equal in the Tax Code

Equal rights for lesbian, gay, bisexual, and transgender Americans is often viewed as a moral issue, or a religious one. But in many ways, it's a financial issue, as well -- one that leaves same-sex couples paying thousands of dollars more every year to the IRS in taxes.

How Soon-to-Wed Juan and Jose Will Boost Economy

It's matrimony's version of a financial stimulus program. The moment Jose Matos proposed to Juan Estrada after New York approved same-sex marriage, the pair joined thousands of gay couples expected to boost the state's economy. Caterer? Check. Flowers? Check. Engraved invitations? Yup.

Same-Sex Marriage Is Gaining Support in the U.S.

Public support for same-sex marriage is on the rise as attitudes apparently shift among some Catholics and Protestants, Pew Research Center said today. It also cited the effect of the under-30 generation as offsetting opposition to same-sex marriage from older people.

Legal Briefing: Need a Job? Sue Over Patent Marking

In Wednesday's legal news, the Texas Attorney General has appealed a judge's decision to grant a divorce to two men who were married out of state; the SEC vows to pursue overseas ratings fraud; and companies that incorrectly claim their products are patented can be sued for $500 per product.

Target's Talks With Gay-Rights Group Break Down

Target's efforts to make nice with the gay community fizzled after it rejected proposals to donate money to gay-rights groups to offset an earlier donation helping the election of a conservative, anti-gay Minnesota gubernatorial candidate.

Legal Briefing: Barclays Joins List of Sanctions Violators

Barclays agreed to pay $298 million to settle criminal charges that it did business with countries like Cuba, Iran, Libya and Sudan, violating U.S. economic sanctions against these nations. Barclays is just the latest in a string of banks that have transacted with such countries.

How I%u2019m Celebrating the Ruling on Proposition 8

DailyFinance staffer Jeanmarie Todd sees Wednesday's ruling by Judge Vaughn Walker, which thoroughly dismantled California's infamous Proposition 8, as a victory for marriage equality and simple human decency. But you probably won't guess how she's celebrating this gay and human rights milestone.

Legal Briefing: Federal Recognition and Rights for Gay Marriages

The Federal Defense of Marriage Act (DOMA) bars federal recognition of same sex marriages, which means that legally married gay couples cannot get the same federal benefits as heterosexual married couples including social security benefits. At the time of the lawsuit, over 1000 federal benefits were tied to marital status.