Did my brother's partner have any obligation to contact me as the representative of my brother's estate before court actions?

This stinks of fraud or conversion. The problem is that the funds may no longer be collectible. You may wish to speak to an attorney immediately...

Do I need to file a 1041 ?

You should speak to a licensed CPA about whether you should file a 1041, but the answer is almost certainly yes. I realize that you are out of...

Can a membership non-profit pay out most of its membership fees as a licence fee to external LLCs of its two cofounders?

This may be a spectacular way to cost your NPC its non-profit status. This is not necessarily a local issue. I would speak to an experienced tax...

I was audited for 2013, they didn't find anything. Now they want to do 2014. When can I say enough is enough?

Auditors are trained to open additional periods if they smell blood in the periods currently under audit. You should cooperate and provide the...

Ordinarily, if it is an activity taken on by the church to advance the interest of the church, and it is a legitimate activity (not a church...

Mortgage forgiveness tax consequences

If more than $600 is forgiven, the bank will issue a form 1099-C, which is treated as ordinary income (and is fully taxable) on your form 1040...

Taxes owed by ex husband

New Jersey isn't the best place in the world for recovering attorneys' fees. Paying a lawyer could cost you more than simply eating the debt. ...

I want to transfer some property to my children. Do I qualify for the Gift Tax Exemption?

The $14,000/person exclusion ($28,000/couple) is per recipient for 2015. For 2015, the lifetime exclusion is $5,430,000. You don't mention...

Most business and tax attorneys can help you get up and running. Permits can vary greatly by what you will be doing, including whether you will be...

What is the legal liability of an Officer of a non-profit organization commingling funds?

Depending on the facts, this may be a violation of the president's duty to the organization. That being said, if the funds went into the personal...