Why is an asset of the estate - an annuity included on estate tax return - NOT distributed in accordance with terms of estate?
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Answered on March 03, 2016
Although I am not licensed to practice in NJ, GENERALLY:
1. Just because an item of property is included in an estate for tax reporting and paying...
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How do I legally go solo, and is it legal to request a 1099 or similar tax form to claim my wages should I do so? Thanks!
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Answered on February 29, 2016
If you are an independent contractor with the company and earned $600 or more they are required by law to issue a 1099 to you. If they did not do...
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What are my legal options if he is not able to repay me? Are there tax implications?
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Answered on February 29, 2016
If your friend can afford a $830k home and has income of over $200K he does not need a loan from you. Leaving the legal issues aside for a moment,...
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Is the owner required to take out taxes because she never has and does not intend too?
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Answered on February 29, 2016
If you are an employee then she is required to withhold taxes from your salary. Since you are living in the apartment rent-free and this is part of...
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How do I find out if he in fact did file chapter 7 on my behalf.
Any suggestions?
Magda's answer
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Answered on February 29, 2016
In order for a bankruptcy to be filed you had to have signed the paperwork. I doubt the attorney would have filed without your signature. If you...
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Is it legal for employers to do that?
Magda's answer
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Answered on February 29, 2016
Is it possible that you were hired as an independent contractor? If so, you will not receive a W-2 as those are only issued to employees. If you...
Will my boyfriend get audited for lying on his tax return?
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Answered on February 29, 2016
What your boyfriend is doing is illegal and fraudulent. Unfortunately the IRS does not have the ability to audit all returns. They are severely...
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I am homeless and suffering from mental illnesses. My tax refund was seized for the mother of my child. What can I do?
Magda's answer
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Answered on February 29, 2016
If you owe child support or alimony any tax refund to which you are entitled will go towards your child support obligation. Unless your child...
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What amount will be considered taxable income?
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Answered on February 29, 2016
Technically if you owe a debt and the creditors forgives the debt, the forgiven amount of the debt constitutes income which must be reported on...
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Are we required to pay sales tax on this type of service? If so, what situations are tax exempt?
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Answered on February 27, 2016
Sales taxes are tricky in Florida. Most people are not aware that there is a second component to the sales which is the "use tax". According to the...
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