I owe state back taxes for 2012 amt of $469.00, the penalty is 1719.62, the interest is 293.39. I owed 2010 also for 1591.00, the penalty is 74.55. Is it correct that my penalty on 469.00 would be over triple for what i owe?
It's possible. MA has a law that doubles & triples the tax if you don't file a return. Best way is to call the DOR & find out the details.See question
I have a difficult case, we have found my ex lying on multiple occasions. We requested tax returns and he offered them. They attached w2 to financial statements. Just yesterday in motions filed with the court my ex admitted to being helped out by ...
A lawyer cannot offer documents they know to be false in any legal mater. It's a violation of the Code of Ethics. If you know this to be true, then you can file a complaint against that lawyer at the Board of Bar Overseers. But first you can bring that to the attention of the IRS and the DOR. They have a tip line for such matters. But be sure you are right.See question
We filed jointly for 2015. The court documents state that we will file separately for 2016 but there is no language to indicate how to determine figuring out the alimony payments. My ex-husband feels that he is entitled to deduct the full amount p...
The issue of alimony is supposed to be made clear in the separation agreement. Where it is silent, you need to have a tax lawyer read the agreement to see if the money is a division of assets (and therefore not alimony) or support payment to the spouse (and hence alimony OR child support if there are un-emancipated children). So yes, get a tax lawyer to help you with this.See question
was approved for a mortgage based on income of 45k. Was under contract to purchase, and at the last moment there was a shortfall in my earnings of 5k compared to what my 1099 misc stated. I will most likely default due to lack of financing. At the...
This really isn't a tax question. You do need to explore why your income was over reported & if so amend your returns. But you should apply for a mortgage based upon what you were paid not what was reported. So you have several issues here.See question
Fiscal year 2014. One retail, 10-storefront, single-story building (with parking lot), in 8 separate parcels. Because there are separate parcels, the value of the parts exceeds the value of the whole. Assessment was at nearly $2 million, app...
The rule is clear payments must be timely. However that should only limit the one parcel if you received separate tax bills. Please get a lawyer to represent your interests.See question
I would like to avoid MA. estate tax by gifting my ira,401k,or annuity. Should I use a beneficiary form or do it now. I am 82 years old. Thankyou,
This cannot be answered without a lot more information. Gifting will lower MA estate taxes but not eliminate them entirely. You should definitely consult an attorney to run different scenarios before you do anything.See question
I was wondering. If a lawyer owes back taxes for not filing taxes for two years and there has been a lien put on the house, can my licesnse be revoked? Or would I have a hard time getting a license?
The MA DOR can revoke professional licenses & driver's licenses for unpaid taxes. Once suspended it usually takes 6 months or more to recover unless full payment is made. Cooperation, filing returns & getting on a payment agreement usually prevent such drastic action by the Department of revenueSee question
My husband and I got married on December 11th of 2016, we both lived in different states. I lived in Massachusetts for the whole 2016 tax year and he lived in Rhode Island for the whole tax year. We moved in together in the end of January 2017....
Yes if you were married before year end then it doesn't matter where you lived even if two different states.See question
I was denied for financial hardship for my property taxes, I have a Drs note, my disability income, and all my bills , and still got denied, with no explanation
This is not really a tax law question. You should read the application & denial letter to see what appeal rights you or talk to the town & get a better explanation of their viewpoint.See question
I send money to my wife living in Pakistan in the checking account that is under my title and her name. I have only job to generate income and I pay all state and federal taxes on that. Do I have to again pay a tax on the amount that I have in tha...
if you are taxed on world wide income for one of the many reasons, then you pay taxes on accounts abroad everywhere. I highly suggest you see a tax lawyer to see about your tax situation.See question