November 9, 2024
Gestational Surrogacy and Filing Your Taxes
As the post-holiday excitement comes to a close and we steady our footing in the new year, many of us begin to look toward the next yearly milestone: tax season! While filing taxes is typically a standard annual routine, this is not the case for everyone, especially following a year with a major life change […]
November 9, 2024
Gestational Surrogacy Compensation and Taxes
As a surrogate, your compensation is not considered a salary or fee for services. The purpose is to balance the scales for the discomfort and expense you experience during your surrogacy journey. It’s important to track all your expenses and the compensation you receive carefully, for tax purposes and so you know you’re being compensated […]
November 9, 2024
Common Finance and Tax FAQs About Surrogacy
We recently spoke to Gayle East-Garrett, founder and CEO of Surrogate Solutions about concerns common to gestational surrogates and intended parents. Topics that come up frequently, according to Gayle, are finance and tax issues and associated costs in general. Gestational Surrogates “Let me begin by saying that there is never a cost to the gestational […]
