Get free answers to your Tax Law legal questions from lawyers in your area.
I received a notice from a tax lien holder's lawyer with a 30-day deadline to redeem a tax certificate or face foreclosure. I redeemed the certificate at the tax collector's office within 24 days and received a receipt, but this was after the 2-year redemption period had ended. However,... View More 
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 9, 2025
Unless you have a consultation with an experienced mortgage foreclosure defense attorney, it is impossible to know if you are correctly stating what the legal pleading you received actually is. If the two year redemption period has ended then it was too late to redeem the tax lien certificate.... View More
I own a nonprofit and a friend of mine will be donating 4 paintings he made that are worth over 50k, and he's choosing not to deduct them. I know to put this under schedule M of the 990, but because he's choosing not to deduct them, I'm not sure if I should go get them appraised or... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 5, 2024
For nonprofits receiving high-value non-cash (in-kind) donations, there are some special considerations and procedures to follow:
1. Acknowledgment: The nonprofit should provide a written acknowledgment to the donor, describing the donated property and specifying whether any goods or... View More
I own a nonprofit and a friend of mine will be donating 4 paintings he made that are worth over 50k, and he's choosing not to deduct them. I know to put this under schedule M of the 990, but because he's choosing not to deduct them, I'm not sure if I should go get them appraised or... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 5, 2024
Even if the donor chooses not to claim a tax deduction for the donated artwork, it's still a good practice for your nonprofit to properly document and record the donation. Here's what you should consider:
1. Acknowledgment: Provide the donor with a written acknowledgment of the... View More
I am F-1 student in the US since 2022. I have been working full time on my CPT. While filing my returns, what occupation should I put? Please guide in this regards. Thank you!
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 13, 2024
As an F-1 student working on Curricular Practical Training (CPT), your occupation for tax purposes should reflect the nature of your work rather than your student status. Here's what you should consider:
1. Occupation: Choose the occupation that best describes the work you performed... View More
I am a US citizen living and working in Ireland, but my US home is in Texas. Sometimes I have work travel to NJ for conferences, labs, etc. I am not and have never been a resident of NJ. My employer is a European company. I do not receive separate income from anyone in NJ when I travel there.... View More
answered on Apr 4, 2024
New Jersey Sourced income is such that is earned or from a source in the State of New Jersey (working in the State, making sales inside the State, or the sale of property in the State to name a few). Your question requires more facts. The likelihood is if there is any sourced income in NJ it would... View More
I am a US citizen living and working in Ireland, but my US home is in Texas. Sometimes I have work travel to NJ for conferences, labs, etc. I am not and have never been a resident of NJ. My employer is a European company. I do not receive separate income from anyone in NJ when I travel there.... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 30, 2024
"NJ-sourced income" refers to income that is earned or derived from sources within the state of New Jersey, regardless of where the taxpayer resides. This can include income from employment, business activities, or property located in New Jersey.
In your case, if you are... View More
As the end date is getting closer, I am wondering that what option should I select in my marital status? I have been to US since 2022 as an international student and working on CPT. I am married but my spouse never been to US. She is in home country. In this context, should I select... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 29, 2024
When it comes to filing your tax returns in the United States on an F-1 visa, your marital status plays a crucial role in determining how you should file. Since you're married, but your spouse has never been to the U.S. and presumably doesn't have income subject to U.S. tax laws, you face... View More
I have 2 last names as I recently added my husband’s last name to mine . So now my last name is composed of 2 last nabes without hyphen. Can I continue to use my maiden name first last name at work and hence on W-2? What’s the way to retain maiden name professionally?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 25, 2024
If your name has legally changed and is updated on your passport and with the Social Security Administration (SSA), it is generally recommended to update your name at work to ensure consistency across all official documents and systems. This includes having your new name reflected on your W-2 form,... View More
My son is a US citizen. Do we pay any taxes on our end. Probably around 40k gifted.
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 22, 2024
When a non-relative Canadian citizen gifts funds for your son's college tuition, and your son is a US citizen, the tax implications primarily concern the donor, not the recipient. In the United States, gift recipients do not generally have to pay taxes on gifts received, no matter the amount... View More
Is this possible in NJ? And if so, what are the initial steps that I should be considering?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 1, 2024
Here are the key things to consider when changing a private school in New Jersey from an LLC to a 501(c)(3) nonprofit:
- It is possible to make this change in NJ. You would need to dissolve the LLC and then incorporate as a new nonprofit entity.
- To qualify as a 501(c)(3), the... View More
My grandfather has past away leaving my grandmother as sole owner of the land with the main house being registered and current with property taxes. There are three siblings my mother, a middle brother (who sadly also past), and a younger brother. The younger brother convinced my grandfather when he... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Feb 28, 2024
In Puerto Rico, property taxes are assessed by the Municipal Revenue Collections Center (CRIM). When a house on a piece of land isn't registered with CRIM, it can indeed lead to complications, including the potential for back taxes once the property is properly reported. Given that your... View More
The 1099c was sent to an old Address from 13 years ago and in my maiden name. How can I be penalized for information I never recieved?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Feb 28, 2024
When you receive a letter from the IRS stating that you didn't report income from a 1099-C, it's important to address the issue promptly, even if the information was sent to an outdated address and in a name you no longer use. The IRS assesses taxes based on income information reported to... View More
Looking to pay advisor fees with pre tax money if OK and gain interest over the year by avoiding est taxes for fed and state.
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Feb 25, 2024
Yes, it is possible to pay financial advisor fees from an IRA account in order to reduce taxable required minimum distributions (RMDs). This can allow the fees to be paid using pre-tax funds and can minimize taxes owed. Here are some key points:
- For a joint brokerage account, when the... View More
I created a revocable trust in Arizona in 2019, and I am now a resident of New Jersey with no change in residency since its creation. My main concern is whether this trust remains valid in New Jersey, especially for tax purposes, and if there are any implications or actions needed to ensure its... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 12, 2025
Your revocable trust created in Arizona should remain valid in New Jersey, as long as it was properly established in accordance with Arizona laws. The primary concern is whether your trust complies with New Jersey's tax rules, particularly regarding how it treats income, property, and estate... View More
I was not required to file a tax return for New Jersey in 2022 due to my income level. I have not received any communication from New Jersey tax authorities about filing a return. I realized a few months ago that I might be eligible for a refund. Can I file my return now to claim a refund without... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 12, 2025
Yes, you can file your 2022 New Jersey tax return now to claim a refund without incurring a late filing penalty. Since you were not required to file a return due to your income level, and no tax was due, there is no penalty for filing late when seeking a refund. New Jersey law allows taxpayers to... View More
In 2021, I received a judgment from the taxation board regarding the assessment of my property. Recently, the tax assessor informed me that this judgment has been removed. There was no explanation provided, and there are no pending appeals or disputes related to this assessment. What does it mean... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 12, 2025
When a taxation board judgment is removed, it usually means that the ruling or decision made by the board regarding the property assessment has been reversed, vacated, or no longer applies. This could happen for several reasons, such as a settlement, an administrative error, or a decision by the... View More
I have not filed my income taxes for the past three years due to personal circumstances, including dealing with addiction and caring for my ill wife. I collect Social Security benefits and have a small business but have kept no records of income or expenses. I have received notices from the IRS... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 26, 2025
You need to retain either an experienced tax law attorney or a CPA who practices tax accounting. You have a reasonable explanation for why you did not file. Either the attorney or CPA can work out an offer and compromise. I do not think there will be any problem to work an offer and compromise with... View More
I had a tax lien on my property, and the lien holder sent me a notice to pay within 30 days to avoid foreclosure. I paid before the deadline and have proof of the payment date, but the lien holder charged me a foreclosure fee anyway, which was added to the redemption amount at the tax office. The... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 4, 2025
No! That is not a valid charge. You need to consult an experienced mortgage foreclosure defense attorney and have the entire loan record. Good luck.
If my ex husband is taken off the deed to the house in our divorce, but the agreement reads he is entitled to a portion of the proceeds if and when i decide to sell, can a lien be put on the house in the future from his creditors?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 23, 2025
If there is no deed recorded from him to you, then both it. The divorce has nothing to do with third parties. Creditors could get a judgment against him, then collect against any asset he has including the divorce term to share in sale proceeds without a filed judgment lien.
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 21, 2025
No one can understand what you are talking about. You put this under Tax Law, but without more facts, this does not make any sense.
Justia Ask A Lawyer is a forum for consumers to get free answers to basic legal questions. Any information sent through Justia Ask A Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between Justia and you, or between any attorney who receives your information or responds to your questions and you, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask A Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises, or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
