Massachusetts

  Tax Lawyers.
HOME ABOUT US FAQ'S RESOURCES CONTACT US FREE CASE REVIEW
September 07, 2008
Tax
             
 
Selecting an attorney for legal cases is a very important decision. Please enter your information below to receive a Free Consultation from an attorney in your area:
 
Zip Code:   
 

Welcome to Massachusetts Tax Lawyers.com

 

 
Did You Know?    
 
 
Corporate Reorganizations; Transfers of Assets or Stock Following a Reorganization
These proposed regulations address the effect of transfers of the assets or the stock of parties to a reorganization pursuant to transactions intended to qualify as reorganizations within the meaning of section 368(a) of the Internal Revenue Code. REG-130863-04. Published August 17, 2004.

 



Tax Law is divided into both Federal Tax and State Tax, and involves the taxation of income and property acquired through personal and professional efforts. In addition to income tax, there is sales tax, gift tax, inheritance tax, capital gains tax, property tax, and a myriad of other areas of tax.

 
Tax collections shown for various States    
 
 
Amounts include adjustments to prior years made in Fiscal Year 2004. This could produce negative amounts of collections shown in the table.However, in a given fiscal year, refunds relating to prior fiscal years may be issued and subsequently recorded, and, therefore, the total refund amount may exceed the collection amount [Money amounts are in thousands of dollars.] in Massachusetts
Total Internal Revenue collections [2] 59,060,000
Corporation income tax [3] 3,955,703
Total [4,5] 53,699,352
Income tax not withheld and SECA tax [4,5] 9,415,858
Income tax withheld and FICA tax [4] 44,070,312
Railroad retirement tax 48,918
Unemployment insurance tax 164,264
Estate Tax 901,152
Gift Tax 34,859
Excise Taxes[2] 468,935

Source: Data 2004, Chief Financial Officer, Revenue Financial Management
 

Federal Income tax became law in 1913 when the Sixteenth Amendment to the U.S. Constitution was ratified. While some states do not have an income tax, all residents and citizens of the United States are subject to federal income tax. The more assets an individual owns, unfortunately, the more complicated the tax law becomes.

Congress writes the tax laws, which become part of the tax code. The Internal Revenue Service (IRS) is charged with interpreting the tax code. The IRS is a branch of the U.S. Treasury Department, with headquarters in Washington, D.C., and is ruled by a commissioner appointed by the President. Regional commissioners and district directors, also political appointees, oversee IRS operations.

Our Massachusetts Taxation Lawyers are willing to work for you. They can explain in detail the complex state and federal tax laws that affect you and your case. If you expect a high standard of quality from your legal representatives, then our Massachusetts Taxation Lawyers are the lawyers for you.

Taxation and Tax Law related topics:

  • Income Tax Cases
  • Recent Estate & Gift Tax Cases
  • Recent Income Tax Cases
  • State Statutes Dealing with Taxation
  • Corporate Taxation
  • International Taxation

Contact our Massachusetts Taxation Lawyer Now!

 
Massachusetts Audio & Video    
 
  Senate Republicans Seek End to Estate Tax
AUDIO, RM, 44Kbps, 7:08, 7/28/2005

The Senate is expected to vote this week on a proposal to repeal the estate tax. The tax has been in place for nearly a century. But times have changed and estate tax opponents are predicting victory
Source: NPR
 
 
Massachusetts External Sites    
 
 

The Massachusetts Appellate Tax Board
Information concerning tax appeals in the state of Massachusetts. Decisions of city and town Boards of Assessors and decisions of the Massachusetts .
:: DOER - Massachusetts Division of Energy Resources ::
The federal government and the state of Massachusetts offer tax incentives to individuals ... Massachusetts tax incentives for renewable energy progr

 


 

  Newsroom  
 


News about Taxation cases in Massachusetts and nationwide:

Late Tax Scam Discovered; Free File Users Reminded To Use IRS.gov
The Internal Revenue Service learned late Friday of a new tax scam on the Internet that lures taxpayers into filing tax information on a site masqu...
Read more >


Chicago Attorney Sentenced To Prison For Tax Evasion
Robert Wayne Hallock, an attorney from Chicago, Ill., was sentenced today in federal court for attempting to evade taxes on more than $1 million in...
Read more >


Trust Promoters Sentenced To Prison For Tax Fraud
WASHINGTON, D.C. - Five persons associated with Innovative Financial Consultants (IFC) were sentenced to lengthy prison terms for promoting a tax e...
Read more >


More Taxation News >

 
 

Taxation Terms

 


Today's Terms

Income taxes

Definition:
Taxes on income, both earned (salaries, wages, tips, commissions) and unearned (interest, dividends). Income taxes can be levied on both individuals (personal income taxes) and businesses (business and corporate income taxes).

Work Opportunity Credit and Welfare-to-Work Credit

Definition:
The work opportunity credit and the welfare-to-work credit are scheduled to expire for wages paid to individuals who began working for you after 2003.

Earned Income Credit

Definition:
A tax credit for certain people who work, meet certain requirements, and have earned income under a specified limit.

More Taxation Terms >

 

Tax Legal Resources

 


Search Taxation legal resources in our resource center:

More Resources >

 

Taxation Hot Topics

 
Topics Related to Taxation Law:
  • Income Tax Cases
  • Recent Estate & Gift Tax Cases
  • Recent Income Tax Cases
  • State Statutes Dealing with Taxation

More Tax Topics >

Massachusetts Taxation Attorney

 
If you live in the following cities and need an taxation attorney you should contact our Taxation Attorney as soon as possible:

  • Amherst
  • Attleboro
  • Beverly
  • Boston
  • Brighton
  • Brockton
  • Chelsea
  • Everett
  • Fitchburg
  • Framingham
  • Holyoke
  • Lawrence
  • Leominster
  • Lynn
  • Malden
  • Marlborough
  • Medford
  • Methuen
  • New Bedford
  • Peabody
  • Pittsfield
  • Plymouth
  • Quincy
  • Revere
  • Salem
  • Taunton
  • Westfield
  • Woburn
 


Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Massachusetts Tax Lawyers.com is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered. Your access to and use of this website is subject to additional Terms and Conditions.

Copyright © 2008 Orion Foundry (US), Inc. - All rights reserved.