Do I need to pay taxes?

According to the IRS all tips you receive are income and are subject to federal income tax. You must include in gross income all tips you receive...

Question on ESPP share sale

You will need to report on your income tax return any sales. If you made a profit there will be some income tax to be paid either short or...

I agreed to take over my friends house payments after his wife died. Not sure what to do about taxes, bank and our arrangment?

I'm hoping that there is substantial facts left out of your question. Your indicating that your leasing to own the property. If this is all an...

You're probably well advised to not take advise from well-intentioned friends. You are under no legal obligation to clean out your mother's house....

I am getting divorced & we own 2 companies, can I be forced to sign a non-compete?

You have a situation that absolutely requires that you be represented by counsel. All of the questions that you are raising should be answered by...

If reasoning with your partner has failed then you will have little recourse other than to seek an injunction or other legal remedy. There may be...

Can a registered nurse testify in probate court on a patient she never met?

It is perfectly legal to have a professional such as a registered nurse provide testimony in probate court. Her testimony would have to...

My sister was appointed executor of my moms estate in Hartford Connecticut and used monies for her own use.

The probate court has the power to compel your sister to furnish an accounting. The court also has the power to compel her to make the estate...

When gifting money is the gift to the child (and the spouse), or would you be able to gift to a child and also their spouse.

The annual exclusion for gifting is $13,000 per recipient of the gift. In your example the widowed father could give $13,000 to each of his...

You indicate in your question that the home was owned by your mother and your stepfather. If they held title as joint tenants with right of...