2nd Circuit holds DOMA violates equal protection, allows estate tax deduction for lesbian couple

In a case brought by Edith Windsor in New York, the 2nd Circuit has held that the provisions of DOMA which disallowed an estate tax deduction for the estate of her wife violate the equal protection clause of the Constitution. The couple was married in Canada, and under New York law, their marriage is legal. Read more here.

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Good News for Ponzi Scheme Victims!

Did you know that you may be able to amend your old tax returns to claim a refund if you incurred Ponzi scheme or theft losses? If you were a victim of theft or a Ponzi scheme, you should check into whether you can amend your returns. There may be risks involved (such as an IRS audit), but you could potentially receive a large refund of your previously paid taxes. Please give me a call or an email if you’re interested in learning more.

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