I recently started my own business selling goods both domestically and internationally. I have been in communication with an

Generally, if you merely do work in the US and never send anyone over to the foreign country, you will not have any tax obligations in the foreign...

You may be deemed to be conducting business in NY, and that means you register as a foreign corporation in NY and pay taxes on your NY income. If...

I need help to file my taxes correctly regarding disability and estates taxes to avoid penalties.

Generally, SSDI is not taxable. Neither are distributions from estates...unless they are for income allocated to you. They do not go on...

Do I need to charge sales tax to a skilled nursing facility for oxygen and respiratory equipment?

Each state has separate laws which govern whether items are subject to sales tax in the state. So yes, NY and NJ may be different. You need to...

Residuary estate virtually non-existent but will says taxes are to be paid from it.

The assets in the estate will first be available to pay the taxes. Sure, the testator can put in a clause specifying where the taxes are to be...

Members of an LLC are liable for self employment tax on all salaries and distributions. If you want to avoid it, you might be able to elect...

How can I Legally Stop my 81 yr old Mom from getting ripped off ? Independent Living wants $200,000 to get in, + $3,400 month.

Legally, you can't do anything at this stage. Your mother can make her own decisions if competent. If not, your cousin can under the Power,...

Is repayment of a loan made by a beneficiary to a trustee (revocable trust), considered taxable when it is repaid after death?

This is a bit confusing, however, the probable answer is no. The Trust will repay the loans and the principal is not taxable. The interest is...

I need a game plan. What can I do? What kind of attorney handles these cases; Elder Law?

The question is not clear because it says that the home is both in a trust and owned by Mom. Nevertheless, if the sibling has no interest in...

My husband and I are placing our home and assets into an irrevocable income only trust so we can be eligible for Medicaid.

You can use one trust, but if that trust is not drafted correctly, it won't work and you lose control over your assets. I'd talk to an elder law...