Does the IRS tax hobbies differently than self-employment? I cannot find the hobby tax rate/bracket anywhere.

There is no separate rate for income from hobbies. The hobby issue comes up generally when people lose money on their hobbies and want to claim...

You are not violating any laws. You may have unintended consequences though. The transfer of an LLC interest where the LLC owns real property...

My mother put her house in my name 6 years ago. She has terminal cancer & is a nursing home until she passes.?

The gain is taxable to you. The share that you give to your siblings is a gift from you to your siblings (even if you are just carrying out what...

Capital Gains?

Your capital gain will be your net proceeds from the sale of the house minus your basis. Basis is what you paid for it, plus certain improvements...

When does the statute of limitation begin for intentional infliction of emotional distress?

Generally the statute of limitations begins to run when the act was done. SOL questions can be fact specific, though.

My sick father owes back taxes to the IRS, are there ways to pass along his assets to children or a spouse before death?

In addition to the prior answer, if the IRS has filed a lien (and for the amount of money that you are talking about, my guess would be that they...

You may want to speak to an attorney. There is a dispute as to who had the right of way. Resolving that dispute comes down to evidence. Evidence...

If someone is telling you that you need to pay for a "tax clearance certificate" in order to receive an international wire transfer to compensate...

My husband left me a few month ago and we have a house in both names. I like to refinance this house but he want sign anything

You can file for divorce. Once you file, you can request pendente lite relief, which is a court order that may require him to make certain payments...

You need someone to review the deeds. If the deed granting you a remainder interest is a valid deed and if it was recorded, your father cannot...