Cranbury, NJ
Tax Lawyer at Cranbury, NJ
Practice Areas: Tax, Tax Fraud & Tax Evasion, Corporate & Incorporation
You cannot deduct HOA dues for your personal residence. However, you can deduct it if the real estate is rented or used for business purposes. If...
To clear up tax debt, you have to keep current for your current tax debt. That is, be sure you are paying in enough taxes for 2012. If the debt...
If this were a federal lien, the IRS would withdraw the line...telling credit agencies that it was filed in error. You should contact the STate...
First of all, before any gift tax is paid, you need to have used the $5 million lifetime exclusion (to be reduced to about $1 million after 2012). ...
No, you are NOT required to include your dependent's income on your tax return. However, if your depdendent makes more than $950 in uneared...
You will likely get a form 1099C, but not to worry. If you are insolvent both before and after the loan forgiveness, no portion of the income is...
Your CPA, it appears, is advising you to retain the partnership structure for tax purposes. Generally, partnership filings (form 1065) have a much...
Yes, your understanding is correct. The rule is, generally, that you can be "safe" from estimated tax penalties if you pay in an amount equal to...
You need to bring the contract to a tax attorney and review it with him/her in a consultation. Generally, you are not allowed a deduction for real...
Also, you should call the identity theft unit of the IRS. They will give you advice how to best proceed. Their phone number is 800-908-4490. ...