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THE MALDEN ADVOCATE–Friday, December 8, 2023 Page 15 MUSINGS | FROM PAGE 6 5 years old, my mother always told me that happiness was the key to life. When I went to school, they asked me what I wanted to be when I grew up. I wrote down ‘happy.’ They told me I didn’t understand the assignment, I told them they didn’t understand life.” • “Mr. Big Stuff, who do you think you are...” Jean Knight blessed our lives in the summer of ’71 with this funky, classic soul earworm of a song. Our beings enriched forever for that. Thank you for making our lives a lot brighter through your music, BHRC | FROM PAGE 13 “Based on the growing body of evidence that shows that these turf fields pose a danger for athletes from heat stress, severe abrasions and toxic chemical exposure, and cause substantial environmental harm to the local environment,” said sponsor Rep. Carmine Gentile (D-Sudbury). “These concerns have led the U.S. Men and Women’s soccer teams to stop playing on turf, and have compelled towns and cities, including Boston, to issue moratoriums on new turf construction.” GUN LEGISLATION – The Public Safety and Homeland Security Committee held a hearing on several bills dealing with guns including these three: GHOST GUNS (S 1496) – Would make ghost guns illegal in Massachusetts. Sponsor Sen. Cindy Creem (D-Newton) explains that ghost guns are unfinished firearms that allow individuals to easily build their own guns from unregulated kits. “Once constructed, these firearms are unserialized and untraceable,” she said. “To address this loophole, this bill would make it illegal to manufacture, sell or purchase any firearm without a valid serial number, which would include the unfinished frames and receivers. In addition, this bill would make it illegal to manufacture, or 3D print, firearms without a license. "I filed this legislation, because although Massachusetts has some of the strongest gun laws in the country, these laws are being undermined by the proliferation and availability of these untraceable ghost guns," continued Creem. "We cannot sit idly by as people continue to exploit this loophole to skirt our state’s firearms regulations and contribute to gun violence across the commonwealth." CANNOT CONFISCATE LEGAL GUNS (S 1513) - Would prohibit police, other law enforcement officers and other government officials from Ms. Knight. Rest in peace. As Peter Falk’s iconic TV character Columbo would say, “Just one more thing, sir” – before his journey “beyond the veil,” Joe “Joe Cal” Callinan took a short, but sweet detour into the lives of those of us at the Italian American Citizens’ Club. We were shocked and saddened by his sudden death. All agreed, we were a great deal richer knowing him. Joe Cal came to us via Somerville along with several other stand-up guys. They quickly became part and parcel to the I.A.C.C. landscape, ingratiating themselves to one and all confiscating any lawfully owned firearm, rifle, shotgun, machinegun or ammunition. A civil fine of between $500 and $5,000 or up to a 2.5-year prison sentence would be imposed for each confiscated weapon. The legislation does not prohibit the confiscation of a firearm from any person who has been placed under arrest, is the subject of a protection order or has had their firearm identification card or license to carry revoked or suspended. “I filed this legislation to provide lawful Massachusetts gun owners an extra guarantee of their Second Amendment rights,” said sponsor Sen. Ryan Fattman (R-Sutton). “This bill would make it unlawful for police or other government officials acting on behalf of the commonwealth to seize legally owned weapons in the event that a state of emergency is declared in the commonwealth.” RAISE THE AGE FOR GUN POSSESSION (H 2369) – Would raise the minimum age for acquiring a Firearm Identification Card (FID) from 18 years old (or 14-17 years of age with parental consent) to 21 years old. FID permits the purchase, possession and transportation of non-large-capacity rifles, shotguns and ammunition. “So much of gun violence can be attributed to accidents that occur with minors,” said sponsor Rep. David Linsky (D-Natick). “My hope is that everyone who has an FID card is responsible enough to own a firearm, and that starts with being of the appropriate age and maturity.” HOW LONG WAS LAST WEEK’S SESSION? Beacon Hill Roll Call tracks the length of time that the House and Senate were in session each week. Many legislators say that legislative sessions are only one aspect of the Legislature’s job and that a lot of important work is done outside of the House and Senate chambers. They note that their jobs also involve committee work, research, constituent work and other matters that are important to their districts. Critics say that with their Somerville swagger. I liked Joe Cal. Joe Cal was a gentle giant, possessor of a sweet soul, and he could take, as well as he could give. You are missed, my pal, Joe Cal. Wish you didn’t have to leave us when you did. Postscript: “A girl phoned me the other day and said, ‘Come on over, there’s nobody home.’ I went over. Nobody was home.”—Rodney Dangerfield. Peter is a longtime Malden resident and a regular contributor to the Malden Advocate. He can be reached at PeteL39@ aol.com for comments, compliments or criticisms. the Legislature does not meet regularly or long enough to debate and vote in public view on the thousands of pieces of legislation that have been filed. They note that the infrequency and brief length of sessions are misguided and lead to irresponsible latenight sessions. During the week of November 27-December 2, the House met for a total of 13 hours and 58 minutes while the Senate met for a total of 12 hours and 41 minutes. Mon. Nov. 27 House 11:01 a.m. to 2:59 p.m. Senate 11:08 a.m. to 3:40 p.m. Tues.Nov. 28 No House session No Senate session Wed. Mon. 29 House 11:02 a.m. to 11:14 a.m. Senate 11:12 a.m. to 11:22 a.m. Thurs. Nov. 30 House 11:00 a.m. to 6:02 p.m. Senate 11:10 a.m. to 6:18 p.m. Fri. Dec. 1 House 11:02 a.m. to 1:30 p.m. Senate 1:21 p.m. to 2:12 p.m. Sat. Dec. 2 House 11:02 a.m. to 11:20 a.m. No Senate session Bob Katzen welcomes feedback at bob@ beaconhillrollcall.com Bob founded Beacon Hill Roll Call in 1975 and was inducted into the New England Newspaper and Press Association (NENPA) Hall of Fame in 2019. QUOTABLE QUOTES “I promise all the constituents of this district that I will work hard to ensure that your interests are represented on Beacon Hill. I will work continuously to make a positive difference for our district and our commonwealth. I will always stand with the taxpayers, help small businesses and ensure that our state government is accountable.” ---Sen. Peter Durant (R-Spencer) upon being sworn into the Senate to fill the seat vacated by Former Sen. Anne Gobi. BHRC| SEE PAGE 17 REAL ESTATE TRANSACTIONS BUYER1 ANAND, CELINE M XU, FANGPING BUYER2 ZHU, YIDONG SELLER1 ZHAI, XIAOLI JAMSHIDI, FARAMARZ SELLER2 ESTIMATED TAX PENALTIES for joint filers and $75,000 for single and married filing separate filers, then you must pay the lower of 90% of the total income tax for the current year throughout the year, or 110% of the total income tax you owed for the previous calendar year. There are exceptions to the axpayers are often surprised when the IRS assesses penalties for the underpayment of estimated tax payments throughout the year. Fortunately, taxpayers can take advantage of the estimated tax payment safe harbor. If you meet the IRS safe harbor guidelines, you will not be assessed an underpayment of estimated tax penalty. The IRS will not assess an underpayment penalty if you pay at least 90% of the income tax you owe for the current year ratably throughout the year, or 100% of the income tax you owed for the previous calendar year, also having been paid ratably throughout the year, whichever is less. Furthermore, there is no penalty assessed if the balance due on April 15th is less than $1,000. Keep in mind that if you do not pay the tax owed on your current year’s income tax return in full by April 15th, the IRS will assess interest and “late payment” penalties until such time as the full balance of the tax is paid. The late payment penalty is a separate penalty from the “underpayment of estimated income tax penalty”. Also note that if you earn your income ratably throughout the year as a self-employed individual, for example, you cannot lump all four of your required estimated income tax payments into the fourth and final estimated tax payment, which is due on January 15th of the following year, and avoid the underpayment penalty. Estimated tax payments are due April 15th, June 15th, September 15th and January 15th of each year. If, however, your adjusted T gross income for the previous calendar year is over $150,000 underpayment of estimated income tax penalty. You can eliminate or greatly reduce the penalty if you did not receive your income evenly throughout the year. For example, if you operate a seasonable business and the bulk of your income is generated during the last quarter of the calendar year, or if you sold investment property late in the year and realized a sizable capital gain. Another example would be if you withdrew a lump sum from a retirement plan late in the year and you did not have federal and Mass withholdings taken out at the time of withdrawal. IRS Form 2210, Underpayment of Estimated Tax by Individuals, Estates and Trusts should be prepared as part of your tax return to determine if you are indeed subject to the penalty. If you complete Schedule AI, Part One, on page two of this form, you will be able to insert the information necessary to prove to the IRS when during the year you earned the income. In effect, you compute your adjusted gross income for the first 3 months of the year and annualize it, the first 5 months of the year and annualize it, the first 8 months of the year and annualize it and then for the entire year to see if you meet the annualized income exception to the penalty. You can also avoid the penalty due to a casualty, disaster or other unusual circumstance which would make it unfair to assess the penalty. You can request a waver of the penalty in these situations by checking off box A of Part II, page one, of Form 2210, and submit documentation supporting your reason for the waiver. Joseph D. Cataldo is an estate planning/elder law attorney, Certified Public Accountant, Certified Financial Planner, AICPA Personal Financial Specialist and holds a master’s degree in taxation. Copyrighted material previously published in Banker & Tradesman/The Commercial Record, a weekly trade newspaper. It is reprinted with permission from the publisher, The Warren Group. For a searchable database of real estate transactions and property information visit: www.thewarrengroup.com. ADDRESS 54 SHEAFE ST BARAKHSHAN-JAMSHIDI, P 87 CEDAR ST #5 CITY MALDEN MALDEN DATE 11.20.23 11.15.23 PRICE 620000 405000

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