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Finance

World Economic Forum puts LGBT rights on its radar

The World Economic Forum, also called the Davos Annual Meeting, is being held from January 22–25, 2014, in the municipality of Davos, Switzerland. The meeting of many business and world leaders is meant to promote positive change around the world; having added “inclusiveness” to its list of objectives, the Huffington Post and Microsoft sponsored a panel on LGBT rights on January 23.

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Co senate

Finance

Colorado Senate approves bill allowing married gay couples to file state taxes jointly

On January 21, the Colorado State Senate gave SB-19 initial approval on its first reading, a bill that would permit legally married gay couples to file their state taxes jointly, despite the state’s official ban on marriage equality, if they also file their federal taxes jointly.

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Lgbt-finance

Finance

New survey shows LGBT couples who combine financial resources are happier

Disagreements over household spending may be a major cause of marital strife, but according to the results of a study just released by Spectrem’s Millionaire Corner, 56 percent of LGBT households combine their resources and make financial decisions together—and the end result is that they’re happier than those who don’t.

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Utah

Finance

Utah announces legally married same-sex couples can file state taxes jointly

Utah’s State Tax Commission announced on January 16 that same-sex couples who were legally married in Utah or another state are permitted to file jointly on their income tax returns, as reported by the Salt Lake Tribune.

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Job hunting

Finance

Unemployment benefits, the economy, and the LGBT population

The US Senate voted on January 7 to consider extending emergency unemployment insurance for the 3.1 million Americans who depend on it. That includes the LGBT community, which commonly has considerably higher rates of poverty and unemployment than the mainstream population.

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Doc

Finance

Still need health insurance? The ACA is on your side

Due to multiple factors, members of the LGBT community generally have a harder time than most finding affordable, appropriate physical and mental healthcare. To help change that, the National LGBT Health Education Center at The Fenway Institute has teamed up with the Center for American Progress to enroll as many people in health insurance plans as possible.

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Ss

Finance

When will Social Security act on non-recognition, same-sex benefits?

Against the backdrop of last June’s strikedown of a key portion of the Defense of Marriage Act, the year-end guessing game is on as to just when the Social Security Administration might act on spousal benefits in states that don’t recognize same-sex marriage.

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Virginia

Finance

Virginia Taxation Department forces same-sex married couples to file as single

In accordance with its state constitutional ban on same-sex marriage, the Virginia Department of Taxation ruled the state will not correspond with newly mandated United States Internal Revenue Service’s (IRS) policy—equal treatment for same-sex married couples.

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Gay

Finance

How to claim a tax refund retroactively

Same-sex couples now have the chance to claim tax benefits denied them under DOMA; not just for future returns, but retroactively, with an amended return.

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