Questions answered by Eric P Rothenberg

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I sold rental property with capital gain and also did not withhold enough federal tax in 2019, what should I do now?

Eric's answer | Answered on January 12, 2020

There are many ways to avoid the penalty based upon last year’s tax return and this year’s withholding. Get some tax advice ASAP as yes, you may...

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Will my paid internship interfere with my mother’s ability to claim me as a dependent on her taxes?

Eric's answer | Answered on January 06, 2020

The issue is who provides more than half of your annual support: you or your mother. This isn't always an easy question to answer so perhaps you...

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Tax implications in Massachusetts MCAD Settlement

Eric's answer | Answered on January 01, 2020

Workplace lawsuit settlements for discrimination are generally 100% taxable to you (unless physical personal injuries are involved ). I suggest you...

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Do business owners have the right to see the business financial records for tax purposes?

Eric's answer | Answered on December 29, 2019

There are far too many different pathways you can choose to get this resolved, so I highly recommend you get a tax lawyer to advise you.

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What do I do?

Eric's answer | Answered on December 23, 2019

This is really an employment issue, not tax even though it's about your W-2. You need to contact the Dept. of Labor about this or an employment...

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How can I avoid capital gains on a rental property? Like-kind exchange? Roth IRA?

Eric's answer | Answered on December 04, 2019

This question is a great tax question but really requires you to meet face to face with a tax lawyer to go over your options. A tax free exchange...

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Is there any way capital gains be avoided or minimizes if the home is sold?

Eric's answer | Answered on November 20, 2019

You may be able to avoid some or all of the gain but you should hire a competent tax lawyer to guide you.

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Should I notify the IRS that someone has filed these taxes without my knowledge or consent?

Eric's answer | Answered on November 04, 2019

You should immediately contact a tax lawyer to guide you through this process..Something is very wrong here.

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If I sell an LLC to someone else do I have to pay taxes on the sale?

Eric's answer | Answered on October 31, 2019

If you sell membership interests in an LLC then it’s taxable just like selling stock. If the LLC sells its assets, then the gain or loss on those...

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Expose fraud in my ex husbands will

Eric's answer | Answered on October 22, 2019

I am sorry to say that your question is not clear what you are looking for. You discuss your ex-husbands will having fraud, but wills are not...

Eric P Rothenberg's Answers (1081)

I sold rental property with capital gain and also did not withhold enough federal tax in 2019, what should I do now?

Will my paid internship interfere with my mother’s ability to claim me as a dependent on her taxes?

Tax implications in Massachusetts MCAD Settlement

Do business owners have the right to see the business financial records for tax purposes?

What do I do?

How can I avoid capital gains on a rental property? Like-kind exchange? Roth IRA?

Is there any way capital gains be avoided or minimizes if the home is sold?

Should I notify the IRS that someone has filed these taxes without my knowledge or consent?

If I sell an LLC to someone else do I have to pay taxes on the sale?

Expose fraud in my ex husbands will