Massachusetts Taxation Lawyers

Legal Articles

• Alternative Minimum Tax Means Required Maximum Effort to File!
  The National Taxpayer Advocate (NTA) of the IRS has labeled the Alternative Minimum Tax (AMT) “the poster child for tax-law complexity.”  Congress created the Taxpayer Advocate to make recommendations to Congress, and since 2001 the NTA has advocated for Congress to either completely repeal the AMT or index it with inflation.  Congress has yet to act on either … more
• What You Need to Know about 401k Withdrawals
  401k plans are common retirement investment tools for United States workers. The plans, named for the section of the IRS code that defines them, allow workers to save for retirement and to defer income taxes until the time the money is withdrawn. However, with these tax benefits come restrictions on when money can be withdrawn from the plan without financial penalties. 401k withdrawals … more

Legal Guides

• Canceled Debts, Foreclosures, Repossessions, and Abandonments (IRS Publication 4681)
  This publication explains the federal tax treatment of canceled debts, foreclosures, … more

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