MEDIA ALERT: Saying “I Do” to Tax Issues Too

Wolters Kluwer Tax & Accounting Provides Insight into Managing
Wedding Taxes

–(BUSINESS WIRE)–With wedding season in full swing, busy brides and grooms are carefully
planning every detail of what will likely be one of the most memorable
days of their lives. But with the average cost of a wedding around
$30,000, expense management is not nearly as fun as the planning itself.
While certain tax deductions might offset some of the expense of the
wedding, other tax implications may have a negative effect. Before tying
the knot, brides and grooms should carefully consider how marriage will
impact their taxes and plan accordingly.

Mark Luscombe, JD, LLM, CPA and Principal Federal Tax Analyst for
Wolters Kluwer Tax & Accounting, is available for interviews and
in-depth analysis of wedding-related tax implications and how the happy
couple may be affected both before and after their big day. Among the
topics Mark can discuss:

  • Shifting from single filing to joint filing and possible marriage tax
    penalty or marriage tax bonus
  • Name changes and updating Social Security information to match tax
    return information
  • Wedding expenses and possible tax deductions through use of charitable
    organization’s facilities or donation of leftovers
  • Gift tax issues if parents pay for wedding expenses
  • Coordination of employer fringe benefits after marriage
  • Selling a home after marriage
  • Treatment of same-sex couples
  • Taxation of wedding giveaways

New tax-related stories are making headlines around the country. Federal
and state tax experts from Wolters
Kluwer Tax & Accounting US
are available for interviews,
guidance and analysis to help break down and simplify a wide variety of
tax topics.

To arrange interviews with Mark Luscombe or other federal and state tax
experts from Wolters Kluwer Tax & Accounting on this or any other
tax-related topics, please contact:

Contacts

Wolters Kluwer Tax & Accounting US
LAURA GINGISS
847-267-2213
Laura.Gingiss@wolterskluwer.com
or
BRENDA
AU
847-267-2046
Brenda.Au@wolterskluwer.com