Suze Orman: U.S. Tax Code a 'Travesty' for Gay Couples
Personal finance expert Suze Orman, who is married to her female partner, took aim at the U.S. tax code's treatment of gay couples, calling it "a travesty."
Personal finance expert Suze Orman, who is married to her female partner, took aim at the U.S. tax code's treatment of gay couples, calling it "a travesty."
Making a charitable donation is one way many Americans help to reduce their overall tax liability, but if not done properly, you could lose that cherished deduction.
As you prepare your tax returns for 2012, be warned: A number of states have made or are considering big changes to their state income taxes. With some of those changes already having taken effect, you need to know whether you're in the line of fire -- or in line for a tax break.
Believe it or not, the federal government requires that money acquired through illegal means be reported and taxed just like legitimate income. The instructions are right there on the income tax form.
2012 was a banner year for the gay marriage movement, but there's still a shadow hanging over the celebrations of those victories: In the eyes of the federal government, couples in legal same-sex marriages are still single. Here's how that affects their taxes.
Due to the Defense of Marriage Act, there are fundamental conflicts about same-sex marriage between state and federal laws -- and between states -- that create double worlds for gay marrieds in nearly every area of their financial lives.






