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Ronald J. Cappuccio's Answers (3707)

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Is it likely the IRS will file criminal charges after petitioning Federal Court to Enforce Internal Revenue Summons?

Ronald's answer | Answered on April 06, 2016

The attorney is already in hot water and not in good shape. The failure to file 3 or more tax returns is a presumption of "willfulness" which is...

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Can I take this as a tax deduction?

Ronald's answer | Answered on April 05, 2016

This does not seem to meet the alimony rules and sounds like a property settlement. Please talk to your lawyer who handled the case because the...

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Do I have to pay tax if I & my wife make 17,000 usd income per year?

Ronald's answer | Answered on April 05, 2016

Yes, all adults should file a tax return every year. If you do not file a tax return, there is not limitation on the IRS auditing you for that...

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I'm on disability (SSDI) with no other income and divorced, and pay child support, do I even have to file taxes ?

Ronald's answer | Answered on April 05, 2016

Yes, all adults should file a tax return every year. If you do not file a tax return, there is not limitation on the IRS auditing you for that...

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A G I adjusted gross income.

Ronald's answer | Answered on April 05, 2016

If the municipal pond is tax exempt, and you have not received a payment, it does not sound like there is taxable income. If this is taxable, it is...

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Can I claim expenses on my state return but not enter expenses on my federal return?

Ronald's answer | Answered on April 05, 2016

This does not sound very good to me. Please talk with a good tax attorney to review your situation. You should also show your attorney the most...

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For a nonprofit organization that has not yet attained 501c3 tax exempt status, would we file a Form 990N, Form 990EZ?

Ronald's answer | Answered on April 05, 2016

Please talk with your tax attorney that has set up the organization and is filing the 1023 with the IRS. This is very important at this stage...

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I have a Virginia LLC with me and another partner. I'm buying his share of business. Do we need notary to sign purchase agreemen

Ronald's answer | Answered on April 05, 2016

You should absolute get a tax and business attorney to prepare the necessary resolutions, agreement of sale, and other documents. Also remember, as...

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I am getting a divorce and my husband our 2015 tax return married jointly without me knowing and e signed. What can I do?

Ronald's answer | Answered on April 05, 2016

If your husband will not give you a copy of the 1040, speak with your divorce attorney to resolve this. Do not file yourself without speaking to...

Archived

Tax payment plan?

Ronald's answer | Answered on April 05, 2016

The IRS can grant or deny an Installment Agreement. You need a good tax attorney to help prepare the necessary documents and negotiate on your...