Legal Articles, Income Tax
Common Tax Considerations in Divorce
A blog post about what fees and payments are tax deductible during divorce.
Sales Tax and Service-based Income in Colorado
A brief overview of sales tax and service-based income.
Nondischargeability of "trust" taxes
Employers who fail to remit withheld amounts from their employees are not entitled to a discharge in bankruptcy, ever.
TAXJAMS: Simple Solutions
This book is a self-help guide for taxpayers to settle their tax liabilities.
Foreign Investment in Real Property Tax Act
In 1980, Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA), 26 U.S.C.S. 1445. The law provides that if a seller of real property is a "foreign person," the buyer must withhold a tax equal to 10% of the gross purchase price, unless an exemption applies under the law.
Three Things You Should Never Say To The IRS
IRS/Tax Lawyer Jeffrey T. Jones discusses how you must be very careful about what you say to the IRS during a dispute.
Property Tax Appeals under the "60 Day" Rule
Purchasers of property in Maryland should be aware of the "60 Day" rule for appealing property tax assessments.
Maryland Appeals Court Expands "Date of Finality" Rule
This article analyzes a recent decision by the Maryland Court of Special Appeals concerning the interpretation of the “date of finality” rule, which was thought by many practitioners to limit the consideration of comparable sales to a time frame before January 1.
Starting a new business? Don't forget the legal details!
A legal to-do list for new businesses to avoid ownership problems and disputes and enhance likelihood of success.
Taxes and Divorce: Tips for Separated Illinois Couples
If you are currently separated and considering divorce in Illinois, questions on how this decision may affect your federal income tax return may cross your mind.
