Relief for Those Who Don’t Need It

BY JAY ARONOWITZ

Et tu? I expect it from politicians, but not from tax people.

I read “Making Sense of the New Tax Legislation” (JofA, Sep.01, page 22). This is not marriage penalty relief—it’s a break for all married people, including those who already had a significant break over single people.

Married couples with only one of the persons working, or where one had only a small amount of income, never had a penalty. It was the unmarried couple that had the penalty. With the new law, this penalty has increased.

I am married, by the way, and my wife works.

Jay Aronowitz, CPA
Manalapan, New Jersey

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.