Comments for DLK Law Group http://www.dlklawgroup.com San Francisco Estate Planning Legal Services Mon, 11 Apr 2011 21:49:39 +0000 hourly 1 http://wordpress.org/?v=3.0.5 Comment on Upside Down Real Estate- What Are The Options? by rich kagan http://www.dlklawgroup.com/upside-down-real-estate-what-are-the-options/#comment-127 rich kagan Mon, 11 Apr 2011 21:49:39 +0000 http://new.dlklawgroup.com/?p=129#comment-127 I am majorly upside down in 2 properties in Central Oregon. Would like to talk to one of your representatives about my options. Thanks, Rich Kagan I am majorly upside down in 2 properties in Central Oregon. Would like to talk to one of your representatives about my options.

Thanks,

Rich Kagan

]]> Comment on Tax Season Gets Trickier for Some Gay Couples- Article in New York Times by Martha Hyde http://www.dlklawgroup.com/tax-season-gets-trickier-for-some-gay-couples-article-in-new-york-times/#comment-126 Martha Hyde Sat, 09 Apr 2011 22:22:50 +0000 http://www.dlklawgroup.com/?p=1094#comment-126 The prevailing sentiment about the new tax law seems to be that most same sex couples will "benefit or break even". I am curious to find out how it turns out in reality. It didn't work out well for us. We paid $1,252 more in Federal taxes under the new law, compared to if we had been able to file 'married/joint'. We paid $1,628 more in Fed taxes than we would have under the tax law applied to us last year (two, separate, single returns). It seems to me that we are given one option--to be subjected to the rules that apply to "married filing separately". This is an option available to heterosexual married couples, but is rarely used, presumably because it is rarely beneficial to do so. Other nasty factors were: -- the "surprise factor", precluding any attempts of tax planning for 2010. --spending a long time with Pub 555 trying to figure out our separate and community property and how it affects every bit of income. --triple tax preparation fees. It's hard not to be bitter. Martha The prevailing sentiment about the new tax law seems to be that most same sex couples will “benefit or break even”. I am curious to find out how it turns out in reality.

It didn’t work out well for us. We paid $1,252 more in Federal taxes under the new law, compared to if we had been able to file ‘married/joint’. We paid $1,628 more in Fed taxes than we would have under the tax law applied to us last year (two, separate, single returns).

It seems to me that we are given one option–to be subjected to the rules that apply to “married filing separately”. This is an option available to heterosexual married couples, but is rarely used, presumably because it is rarely beneficial to do so.

Other nasty factors were:
– the “surprise factor”, precluding any attempts of tax planning for 2010.
–spending a long time with Pub 555 trying to figure out our separate and community property and how it affects every bit of income.
–triple tax preparation fees.

It’s hard not to be bitter.

Martha

]]> Comment on Community Events by Reggie Johnson http://www.dlklawgroup.com/events/community-events/#comment-124 Reggie Johnson Wed, 06 Apr 2011 22:48:17 +0000 http://www.dlklawgroup.com/#comment-124 I'm interesting in setting up a living trust. Is there someone in your office available to discuss this/cost/and setting up and an appointment. Thanks in advance, Reggie Johnson I’m interesting in setting up a living trust. Is there someone in your office available to discuss this/cost/and setting up and an appointment.

Thanks in advance,
Reggie Johnson

]]> Comment on SFGate Interviews Deb L. Kinney for Article On New Tax Rules by Timothy C. http://www.dlklawgroup.com/sfgate-interviews-deb-l-kinney-for-article-on-new-tax-rules/#comment-106 Timothy C. Sun, 13 Mar 2011 05:51:46 +0000 http://www.dlklawgroup.com/?p=1011#comment-106 Turbotax failed to live up to their promise to support this change. While the site promised an update on 3/10, the 3/10 update failed to materialize any help for couples in same sex marriage or RDPs Turbotax failed to live up to their promise to support this change. While the site promised an update on 3/10, the 3/10 update failed to materialize any help for couples in same sex marriage or RDPs

]]> Comment on IRS Recognizes Community Property Law in California for Registered Domestic Partners by emma watson pics http://www.dlklawgroup.com/irs-recognizes-community-property-law-in-california-for-registered-domestic-partners/#comment-54 emma watson pics Thu, 13 Jan 2011 15:07:04 +0000 http://new.dlklawgroup.com/?p=103#comment-54 A enlightened insight into IRS Recognizes Community Property Law in California for Registered Domestic Partners | DLK Law Group and ideas I will use on my site. You've obviously spent some time on this. Well done! A enlightened insight into IRS Recognizes Community Property Law in California for Registered Domestic Partners | DLK Law Group and ideas I will use on my site. You’ve obviously spent some time on this. Well done!

]]> Comment on Contact Us by The IRS May Owe You Money | DLK Law Group http://www.dlklawgroup.com/contact-us/#comment-3 The IRS May Owe You Money | DLK Law Group Tue, 16 Nov 2010 19:33:10 +0000 http://new.dlklawgroup.com/#comment-3 [...] Contact Us ← Titling Property for LGBT Couples [...] [...] Contact Us ← Titling Property for LGBT Couples [...]

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