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A Brief History of Marriage in the Tax Code

4.7 (92)

Jason Dinesen, EA, LPA

Dinesen Tax & Accounting, P.C.

Monday, June 22, 2020 | 12:00 PM EDT

  • CPA
  • EA

1 Credit

$10

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273)

1 CE credit of Federal Tax for Maryland Tax Preparers

1 CE credit of Federal Tax for Oregon Tax Preparers

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Course Description

One unintended feature of the United States’ income tax system is that the combined tax liability of a married couple may be higher or lower than their combined tax burden if they had remained single. This is called the marriage penalty or marriage bonus. This program will trace how the U.S. Tax Code has dealt with marriage, from the inception of the income tax through today. Tax professionals know about filing statuses and the marriage penalty. This course traces the history of how those came to be, from the start of the tax code in 1913. We will also look at issues with how there are times when two unmarried people are in a better tax position than two married people.

This webinar will cover :

  • How filing statuses came about
  • Marriage in the Tax Code in 1913
  • Court cases in the 1920s involving community property and marriages
  • How taxes worked in the early days of the tax code
  • Why there's a "marriage penalty" 

Marriage penalties and bonuses have a significant impact on the combined tax burden of couples. Marriage penalties affect taxpayers at very high and very low incomes, and marriage bonuses affect many middle-income couples with disparate incomes. We would also talk about why it is better for two people to remain unmarried rather than married.

Learning Objectives

  • To learn how filing statuses came about.
  • To get an overview of what is the marriage penalty and where did it come from.
  • To learn the tax aspects of being married vs. being unmarried
  • To learn about how taxes worked in the early days of the U.S. Tax Code, compared to today.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Enrolled Agent
  • Entrepreneurial CPA
  • Legal Professionals
  • Others
  • Senior Accountant
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Firm
  • Tax Practitioners
  • Tax Pros
  • Young CPA

Testimonial

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(
    [no_of_record] => 92
    [average] => 4.6522
)
 

4.7

(92)
73%
22%
4%
0%
1%

RR

Great Job. The program was excellent and the same goes for the instructor. The handout materials are very good and to the Point outlining exactly issues of concerns and guidance. Jason is so knowledgeable and the presentation makes tax seem simple which it is not. I have already registered for his next webinar

KT

Excellent handout, lots of details to help sort out a complex and constantly-changing issue in tax law.

KO

Great Webinar. It provided valuable information and everything presented was on point and very precise. Good Job Jason

OY

GREAT, VERY UNIQUE INFORMATION. THANK YOU FOR SHARING!!! I COMPLETELY LOVED THE PRESENTATION.

MM

This webinar was very timely and executed flawlessly. Kudos to Jason for delivering superb webinar.

TS

Excellent instructor who knew the subject well and presented the material eloquently