Ronald J. Cappuccio, JD, LLM (TAX) | Call (856) 665-2121 | Please text me at: 856.745.4330 | Fax:(856) 665-9005

Taxesq - IRS Audit and Business Tax Estate Attorney Cherry Hill NJ

01 Feb

Posted at 02:28h in Uncategorized by
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IRS Audits its Own! The IRS recently targeted 800 of its employees for audit in an effort to ensure that IRS employees are meeting tax filing and payment requirements. Last year, IRS staff first discovered a pattern of business loss deductions on their coworkers' returns. The...

28 Jan

Posted at 01:51h in Uncategorized by
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Florida Republicans Hike Taxes Although Rebublicans have cut taxes in Florida for the past 5 years, Gov.Jeb Bush and Republican lawmakers are now quietly presiding over Florida's biggest tax increase in more than a decade. The $133 million automatic tax increase is required by state law...

28 Jan

Posted at 01:46h in Uncategorized by
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Bush Attacking Medical Malpractice Victims In a typical pandering to the medical profession's attempt to protect physicians who carelessly harm patients, President Bush is campaigning to stop malpractice victims from recovering for their full losses. Mr. Bush is attempting to limit damages to $250k. If a...

24 Jan

Posted at 03:13h in Uncategorized by
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IRS Computer Error Rejects Tax Returns Thousands of electronically filed tax returns were initially rejected in the past few days because of a computer glitch. The problem began January 16, 2004 when the Internal Revenue Service officially opened the channels for electronic filing used by many...

23 Jan

Posted at 03:12h in Uncategorized by
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Revised Form 8332 permits never-married parents to waive child exemption IRS has revised Form 8332 (Release of Claim to Exemption for Child of Divorced or Separated Parents) and IRS Pub No. 504 p. 8 (Divorced or Separated Individuals) to permit a never-married noncustodial parent to claim...

23 Jan

Posted at 03:03h in Uncategorized by
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Pres. Bush's State of The Union Address Advocates Making Tax Cuts Permanent President Bush state that tax cuts had invigorated the economy, and he wants Congress to make permanent the temporary tax reductions passed in 2001 and 2003. Those tax cuts include an expansion of...

23 Jan

Posted at 02:55h in Uncategorized by
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IRS Continues to Reject Formula Gifts In TAM 200337012 (September 12, 2003), the IRS has specifically rejected the effectiveness for gift tax purposes of a clause attempting to make a gift of whatever percentage of interest in a family limited partnership equal to a stated dollar...

16 Dec

Posted at 03:56h in Uncategorized by
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No Change in Interest Rates for the First Quarter of 2004 WASHINGTON —The Internal Revenue Service today announced there will be no change in the interest rates for the calendar quarter beginning Jan. 1, 2004. The interest rates are as follows: four (4)...

25 Nov

Posted at 19:20h in Uncategorized by
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In Memoriam My friend and a mentor in the practice of law, The Hon Joseph M. Nardi, Jr., died on November 23, 2003. He was a wise and generous person. He is missed already. read Judge Nardi's obituarysee: http://www.TaxEsq.com...

21 Nov

Posted at 01:52h in Uncategorized by
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SECURITY BENEFITS TO INCREASE 2.1% IN 2004 Social Security benefits will increase 2.1% next year, starting with the payments made in January. The maximum wage base for the combined employer/ee12.4% Social Secuirty tax will increase from $87,000 (in 2003) to $87,900 (in 2004). Wages in excess...