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Ronald J. Cappuccio, J.D.,
LL.M.(Tax), a Business
and Tax Law Firm emphasizing Personal and Business IRS Tax Negotiation,
Offers In Compromise, Installment
Agreements, as well as Audits, Delinquent Tax,
and Tax Collections
Issues, Employee
and
Independent
Contractor issues, Payroll Taxes, Tax Liens, Wage
Levy
Release, Bank
Levies and Seizures. NJ Tax Court, US Tax and US Court of Federal
Claims representation.
We can help you start a Limited
Liability Company ( LLC ) which can be
the best form of business
organization, as well as establish
Corporations,
S
Corporations, Partnerships, Limited Partnerships and Non-Profit
organizations. We also can represent you in Buying and
Selling a business.
Watch out for Scams!
Watch
out for the phoney Economic Stimulus Refund Scam - see the email.
The
phoney scammers are doing everything to trick you out of money by
promising you millions of dollars, lottery winnings, and any thing to
make you a sucker. I have been fighting them for years. Now, they have
stolen my logo, made up phoney letterhead with my name. See the letter.
New AMT Tax Reform
Just
before adjourning for the year, Congress passed some much-needed tax
relief involving the alternative minimum tax (AMT). The Tax
Increase Prevention Act of 2007 increases the
exemption
amounts for tax filers across-the-board and allows them to use personal
tax credits to offset AMT liabilities. But it may be a case of "too
little, too late" for many taxpayers.
What's more, the late-breaking tax relief
only postpones
the inevitable. The latest "AMT patch" approved by Congress is only
good for the 2007 tax year. So the same challenges remain ahead for
2008. In other words, lawmakers have not solved the AMT problem. They
just put a temporary bandage on it.
President Bush signed the Mortgage
Forgiveness Debt
Relief Act of 2007 into law on December 20, 2007. The most
important tax
change involves a
three-year income exclusion for qualifying discharges of principal
residence debt.
2008
Standard Mileage Rates:
Business Driving Set at 50.5
Cents a Mile
.
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Ronald J. Cappuccio, J.D.,
LL.M.(Tax)
Counsellor
at Law
1800 Chapel Avenue West, Suite 128
Cherry Hill, NJ 08002 USA
Phone (856) 665-2121
Fax (856) 665-9005
Email: Ron@TaxEsq.com
© Copyright
1996-2008 Ronald
J. Cappuccio, J.D., LL.M.(Tax) All Rights Reserved
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