Taxes. can a regular W2 employee deduct the amounts taken from paycheck for medical insurance?

I agree with attorney Nielsen. Any amounts you pay for health insurance that is included in your taxable income is deductible on schedule A. You...

Can a lawyer who doesn't live in MA but is license, still represent a plaintiff in MA state court without any restrictions?

The Supreme Court denied states the ability to require that attorneys be residences of the state in order to practice law within that state. If...

The irs is garnishing my wages

The quickest and easiest way to release a wage garnishment is to contact the IRS and get on a payment plan. If you agree to pay a certain monthly...

Will I get in trouble with the IRS for revising my 2011 tax returns? There is some additional income I need to add in.

If you voluntarily amend your taxes to report higher income you will have to pay a penalty and interest, but there should not be any other...

I gave my boyfriend 4900 dollars to do some remodeling to his home because me and my children were going to move in. Then he en

Were the funds a gift, loan, or investment? You state you "gave" him the money, which would indicate a gift that he would not be required to pay...

Advice on filing and paying back taxes

You should file all tax returns immediately. You only have 3 years to collect a refund, so you need to be sure and file that return right away. ...

A "skip person" is used in the Generation Skipping Tax. It refers to a grandparent gifting or devising assets to a grandchild who has a living...

Can the IRS come after a spouces income if the tax liability was incurred befor the marriage?

If you have a tax debt that arose before the marriage, but filed jointly during the marriage, the IRS can withhold the entire refund. The injured...

Estate tax Includability of various POD/TOD/joint accounts.

For federal purposes, if the decedent retained any power over the accounts up to the date of the death, then the amounts will be included in the...

I filed my federal and state taxes, and I owed taxes for 2011.

You should consult with your divorce attorney regarding the payments you are receiving. This may be considered maintenance/alimony. In that case...