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This is your opportunity to ask general questions regarding income tax issues, both personal and business. Whenever possible, before submitting your question, please read the FAQs or use the resources on the site or search the site. Your question will be made available for reference Boston.com. We are providing this service free of charge as a public service from January 15 through April 15, 2004. Due to time and space limitations, our answers will be substantially condensed. Please understand that this medium will not allow us to ask all questions that we might need to clarify and understand complicated issues as presented by you. Therefore, we hope that your questions are general in nature, and that you provide as much information as possible. Some questions may need further research so please understand that our volunteers may direct you to use the services of a CPA.

However, because of these inherent limitations, we cannot take responsibility for the accuracy or completeness of the information provided in our reply as it relates to your particular set of facts. We strongly recommend that the reader personally consult with a qualified CPA before making business planning or taxation decisions.

The user acknowledges and agrees that the Massachusetts Society of CPAs, and the responding CPA, will not be responsible or liable for the results of the user's decision based on the information and responses given through the "Ask A CPA" program. The information and answers provided under this program are provided "as is" and "as available" and without warranties or conditions of any kind either expressed or implied.

This service is provided by the Massachusetts Society of Certified Public Accountants. (MSCPA) The MSCPA accepts no responsibility for the opinions and information posted on this site by others. The MSCPA disclaims all warranties with regard to the information posted on site, whether posted by the MSCPA or any third party. In no event shall the MSCPA be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits arising out of or in connection with the use or performance of any information posted on this site.

The "ASK A CPA" FORUM is the exclusive property of MSCPA and is intended to facilitate communications among MSCPA members and members of the public. The "ASK A CPA" FORUM is available to non-Society members for limited periods of time at the discretion of the MSCPA. At no other time is this forum or other similar member-only forums available to the public. Members may not provide access to the Member Forums at any other time to any non-member without the express written permission of MSCPA.

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The MSCPA does not actively monitor this site for inappropriate postings and does not on its own undertake editorial control of postings. However, in the event that any inappropriate posting is brought to the MSCPA's attention, the MSCPA will take all appropriate action. The MSCPA reserves the right to terminate access to any user who does not abide by these guidelines.

You agree not to hold the MSCPA nor the member who answers your question responsible for IRS audits or deficiency notices arising directly or indirectly from a response to your question.

If your question is related to taxes, understand that you are ultimately responsible for accurately completing your income tax return.

RULES: · Inquiries must be specific.
· If your question is related to state income taxes, understand that MSCPA members will only respond to Massachusetts tax questions.
· The MSCPA has the right to refuse any question submitted.
· The MSCPA has the right to post the question and answer on www.Boston.com and www.MSCPAonline.org.
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