August 19, 2016
Partner Janis Cowhey discusses the new tax treatment of mortgage interest, with Bloomberg News.
Bloomberg News
By Ben Steverman
Excerpt:
There are plenty of reasons to get married. Your taxes may not be one of them. Some couples – generally those with one person who earns far more than the other – will see their tax bills fall after marriage.
“When you’re an unmarried couple, you don’t have protections,” said Janis Cowhey, a lawyer and partner at Marcum, an accounting and advisory firm in New York. “As far as the law is concerned, you’re legal strangers.”
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