My 87 year old father lives in his run down beach front home. If he sells will he be killed in cap gains?

The number of lots, buildable or not, doesn't affect his right to exclude capital gains for the sale of his primary residence. If he's single the...

The tax firm that did my 2011 taxes made a mistake and I needed to pay $ 1000 in taxes I owed due to their mistake .

I believe you just re-posted the question, with updated information, from earlier in the past week. Those answers really don't change. The firm...

The tax firm I used for my 2001 taxes made a mistake and I ended up owing the gov't $1000 .

There are several issues here. For 2001 (really 2001?) professional malpractice in MA must be filed within 3 years of the time you knew or should...

NR / PY / Resident Status - State taxes

I don't know why your university is involved in this discussion, unless they are paying you? But you can work in MA and be a non-resident and also...

State Tax Returns filing for a Massachusetts Student

If you have US source income, and it sounds like you do, then yes you have to obtain an ITIN and all income reportable to the US is also reportable...

This is not really a tax question as it's about what you can do while collecting disability income. Those rules are not for a tax lawyer. But even...

Tax question? massachuesetts

MA requires health insurance only if you are a "resident". So if you are a non-resident all year then it's not required. It does not have to do...

Tax question

If you take him as a dependent on your income tax return, which means he lived with you more than 1/2 the year and you provided more than 1/2 his...

This is requires you to have a lawyer analyze your agreement with the consulting firm. The issue here is whether, or not, your "draw" is merely a...

401(K) penalty-free withdrawal option for an early-retiree. Current job is getting stressful to stay course.

You need some very serious retirement planning given the facts you related and the choices you have. This planning needs to be done professionally...