Needham, MA
Tax Lawyer at Needham, MA
Practice Areas: Tax, Real Estate ... +2 more
The IRS can levy on any income for taxes owed by the taxpayer. So if the sister signed a joint return, then she is liable for the taxes and the IRS...
When one spouse transfers the retiremant plan to another spouse pursuant to a QUADRO, there are no taxes due upon that transfer. That just puts the...
Attorney Ornelas is correct that generally a gift is made when delivered to the donee (recipient ). However, the check should be deposited before...
There are many unanswered facts raised by your question, which is why Attorney Ornelas' answer is correct. US citizens and residents (a legal term...
The most likely answer is that no MA taxes will be due if this is your only income and for federal income taxes, you might have to pay...
There is no gift tax if your parents are neither citizens nor US residents (a term a art in the tax world) and the funds should not come from an...
You can always file an income tax return even if you are not required to do so, which will start the statute of limitations. If there is no balance...
Your husband is free to file as Married Filing Separately but in divorce in Massachusetts a probate judge is free to give consideration, in the...
You have MANY options here and this is a very complex problem and yes you ABSOLUTELY should hire competent and skilled tax counsel to advise you on...
The short answer is maybe. If all of the credit card cancellation of indebtedness (COD) is related 100% to the Schedule C in which the office in...