Archived
We owe the IRS about 65,000, can that amount be reduced if we amend previous returns to claim dependents?
Ronald's answer
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Answered on January 24, 2018
Absolutely do not file jointly for 2017. Since your husband has a large balance due, the IRS will take the entire refund and apply it to the past...
Archived
Employer did not pay most my payroll taxes- will it affect me?
Ronald's answer
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Answered on January 24, 2018
Whether your employer pays payroll taxes or not it will not affect you as long as you receive a W-2 showing the amount of taxes that should have...
How long can IRS investigate on tax fraud?
Ronald's answer
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Answered on January 22, 2018
If you received a telephone call asking for money it probably was a scam. Please consult a tax lawyer TODAY! If it is real, you should not speak to...
Archived
How to gift a home to son with no taxes?
Ronald's answer
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Answered on January 22, 2018
You can do it by a deed, but the problem is there will be potential capital gains tax on the sale by your son. You should consult an Estate Tax...
Archived
Does the state of nj offer a hardship plan for back taxes? Not a payment plan
Ronald's answer
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Answered on January 22, 2018
NJ is notoriously uncooperative and the Division of Taxation just wants money. Did you and your husband file a joint return? If so, you are liable...
I'm a minor in the state of New Jersey. Am I allowed to create a business?
Ronald's answer
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Answered on January 19, 2018
You can be the LLC MEMBER, but since you cannot sign a contract, you will need a MANAGER. You could then have the Manager sign contracts. You need...
Should I form my LLC in the state I live in (CT) or the primary state I will be working in (MA).
Ronald's answer
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Answered on January 19, 2018
It depends on exactly what you are doing. If you are primarily selling in MA, you would want to set-up the LLC in MA. You may also want a separate...
Archived
What do i need to do to put the townhouse that my husband and i bought for my for my daughter in her name who is now married?
Ronald's answer
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Answered on January 19, 2018
You should get a local real estate attorney to help you. First, this is a gift and you should consider potential gift tax issues (most likely just...
Archived
The Social Security is garnishing my wages will they take my tax refund too?
Ronald's answer
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Answered on January 19, 2018
Sorry, the IRS will take all of your tax refunds until the balance is paid. You should talk to a good tax attorney.
I hope this helps!
Ron...
Archived
Is there any regulation in NJ that says I can't open a business in the same local as a recently failed business ?
Ronald's answer
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Answered on January 13, 2018
There is no law against it but it is certainly not a wise move. First, the division of taxation will argue that you are a continuing business and...