If an estate in New Jersey is valued at more than $675,000, is just the amount over the $675,000 taxed? At what rate?

The tax rate is approximately 16% (although it varies for the first $200k.) The rate is determined by using a modified Federal 706 estate Tax...

Power of attorney NJ

The taxpayer and representative receives a copy of all correspondence. The IRS should not contact the taxpayer directly. Please note the IRS many...

Yes, you do not need to own the property to have it as a registered office. The other option is to have your tax and business attorney use a...

If I do not pay federal income tax on my earnings, am I a tax cheat?

I am sorry that you seem to be falling prey to the tax protester nonsense. The Constitution was changed to permit personal income taxes and the...

Ina consulting business i I wanted to consult across the board in financing, real estate, business marketing can I?

This is a very fact-specific question. It depends on what you mean by consulting. For example, if you expect to earn a commission on the financing...

Someone worked full time for over 20 years but never filed an income tax return. Can any charges be filed against him?

The failure to file can be a crime. Sorry, but you should definitely meet with a tax lawyer. Lawyers have attorney/client confidentiality....

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Do I have to pay sales tax for my membership site ? Do I have to license my membership site?

From the information you have provided it sounds like your website will be taxable information services for New Jersey sales tax purposes. Before...

What is the average/range of attorney fees to settle taxes?

Most tax attorneys charge by the hour, with a retainer against fees. I charge $400 per hour (my office is in Cherry Hill, NJ a suburb of...

Llc or personal?

It is a good thing that you are asking these questions. Unfortunately, your client should have asked these questions before attempting to set up...

A for profit s corp had its status revoked in 2012 because it did not file annual reports since 2009 but operated while revoked.

What you are saying is not correct. The revocation by the State of the corporate charter does not affect the S election. The business can continue...