What to do if you have a missing W-2.
- March 11th, 2015
- David Greene
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All W-2s are to be mailed out by January 31. If one is missing, you should take these steps: (1) Contact your current or former employer and verify whether your address is correct and request a resubmission of the W-2.
Can a lien against one spouse attach to separate property after divorce?
- February 25th, 2015
- David Greene
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If a spouse has to transfer the marital home to the other spouse by Court Order and then t tax is assessed against him after the divorce is final,
How To Choose the Right Tax Preparer
- February 10th, 2015
- David Greene
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What should you look for in a tax preparer? Using our firm as an example, we specialize in dealing with all kinds of tax related problems, which has made us very cognizant of the mistakes others make.
Is canceled debt income to the debtor?
- February 4th, 2015
- David Greene
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When a taxpayer is unable to pay all of a debt and the creditor cancels the unpaid part, the amount of the canceled debt is generally treated as income to the taxpayer under federal tax law.
Should one retain professional help when audited?
- January 27th, 2015
- David Greene
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Yes you should for several reasons. First the professional will deal with the situation from a professional level rather than an emotional level.
Can one submit more than one Offer in Compromise?
- January 20th, 2015
- David Greene
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Yes one can certainly file another Offer after one is denied, especially when there is a change in circumstances. However, one should look at another possibility first.
What is a Special Needs Trust?
- January 14th, 2015
- David Greene
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It is a trust that is used to protect the assets of a Special Needs person, such as one who has been severely injured and receives a large settlement for his injuries.
What is the delay in the filing season?
- January 6th, 2015
- David Greene
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The tax return filing season will be delayed this year. You can submit a paper return anytime after January 1. You cannot submit an e-filed return until January 26.
MERRY CHRISTMAS
- December 23rd, 2014
- David Greene
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Today I would like to share a few thoughts with you about Christmas. Christmas is always a special time of year for almost everyone. However, some Christmases are more special than others.
What is the importance of filing your current tax return?
- December 16th, 2014
- David Greene
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The first rule of dealing with the IRS is that all tax returns for the past six years must be filed. The second rule is that you must be current and stay current with all filings and payments after you begin negotiating with the IRS.