All applicable documents have to be reviewed in order to advise. Sounds like it would go to brother's testamentary beneficiaries because the...

Usually a close person who you trust the most.

New York State: Are dues charged by a fraternal organization tax exempt?

Yes, if it is a tax exempt organization (generally a 501(c)(3)). Check its status at https://apps.irs.gov/app/eos/

How can I reduce tax rate if I do day trading?

Commercial real estate is good for generating tax losses that you may be able to utilize against your day trading income. To structure and advise...

What evidence is sufficient for a change of tax domicile out of New York State?

Washington utility bills, car insurance, voter registration, plane tickets, and purchases in Washington. Also, there are apps that track your GPS...

Is it legal for a mother on government assistance to get one of her working kids to claim their sibling who is under 21?

Assuming you are asking re an exemption, generally a person who supported another for a tax year in the past, could report that individual as a...

Am I personally liable if an S Corp is ordered by the court to pay damages?

In general, there is limited liability (recovery is limited to the entity's assets) if an owner is not named individually as a defendant. For an...

Selling a business - hybrid sale structure?

Yes it is possible but may not be advisable for corporate, tax, or other legal reasons. While there may be endless ways, one relatively simple way...

Private investment partnership likely comes from a definition in the non-compete and/or securities law. As such, generally an actual partnership...

Tax Implications of Closing 401k ROTH Account due to a COVID-19 related Job Loss?

For employer contributions in prior years, it is likely you already paid income taxes on your tax returns. Generally, you will be responsible for...