We have just completed our 2014 tax returns and owe Fed taxes $1770.00 and State $1585.00. We are in a payment plan for 2013 tax

Both the IRS and the DOR allow you to be current with your income taxes and if that means you cannot pay the arrearage, they will place you into a...

What happens when you put something on your tax return you can't prove?

You have two problems. First, you need to have evidence of all deductions. The evidence can be many things but must me reasonable evidence of the...

I owe taxes on my home. I just found out that if I lived in the home I don't have to pay the full tax.What can I do.

When you inherit property from your mom, your "basis", upon which you calculate the gain, is equal to the Fair Market Value on the date she died....

Ex wrongfully claimed children on taxes last year & is trying to claim again this year.

First you can bring him into probate court in MA and get a court order to pay your child support. If he doesn't MA will work with Florida to get...

Owe money to internal revenue

You can amend the returns they prepared if it lowers your taxes and it's been less than 3,years since they were due. Also if you cannot afford to...

Do I have to pay income tax in my home state after I already paid taxes in the state I worked?

You pay income taxes as a non-resident in the state you worked but we're not a resident (NJ) but only NJ wages. As a resident of MA you pay income...

Selected as the best answer

Is it legal in the state of mass for an employer to give a w-2 to employee for work and to also give 1099 for a bonus received,

No, an employee is an employee even for purposes of bonuses.

Selected as the best answer

How do I start a US company with 2 Danish partners that have developed a prototype product for the company

This question is far too complex to be answered with any understanding in this forum. Tax treaties aside, which are complex enough, you need to...

That's very easy to do. You only need a simple agreement with your brother, a federal ID & good records.

R-1 visa & substantial presence test

The physical presence test is based solely on physical presence, regardless of the reason. Also a resident alien with an R-1 status can qualify for...