You are in the process of growing up. You should go to a tax return preparer and file a return, reporting the gains. If you don't follow the law,...

Although I do not know what an MPA is, if you are gifted stock, you will continue the donor's tax basis in the stock when you eventually sell it. ...

There is a good chance that the IRS will discover this for you, and send a bill for the additional tax and any required penalty. It will not be...

There is no proof given that he committed any such crime. Everything he has done may have been proper and/or required. Why don't you have a...

We need a lot more information about your situation, and your problem. Why did you fill out and submit Form 911? And what is POST? Do you still...

I don't understand how SBA can both approve and decline. We need more information. In any event, do not attempt to file a lawsuit in this case.

Well, there are two things you can do from the tax perspective. First, you could submit a Form 3949-A to the IRS to inform them of the fraud, and...

Yes, there is a possibility that there will be a tax on this. If the property had been inherited through his estate rather than given outright...

According to the Internal Revenue Code, income from whatever source is considered taxable, unless there is a specific exemption.

There are certainly safer things you could do. First of all, why would you want to do this? Have you ever been a trustee? Have you read the...