You need to sit down with a CPA and a business/tax attorney and talk this through and crunch some numbers. This is not the type off question that...

If the parcel is partially owned by a deceased sibling, that sibling's interest will have to be transferred before the parcel can be sold. You...

As long as you provide more than 1/2 of your child's support, and he/she is under age 19 at the end of the year, you can claim her as a dependent.

Agree with Attorney Sinclair. You should consult a real estate attorney or title company and have the deed reviewed to make sure that it complies...

If there are no current assets, IRS can seize your home (although they rarely do this). More often, they will garnish your wages or Social...

YES. IRS can seize a person's home. As a general rule, they do not do this, because they do not want to put people out on the street and make...

An attorney cannot help you find an answer. You need to consult a CPA or financial advisor ---- someone who specializes in retirement planning.

IRS is probably more concerned about fluctuations in your TOTAL INCOME, rather than fluctuations in 1099 vs. non-1099. Also, if you have been a...

The best way to make money is to provide services that people want and need: lawn mowing; house cleaning; baby-sitting; pet-sitting; etc.

Unfortunately, if the amount of the restitution is not paid off at the end of the 20 years, garnishment of your Social Security will continue...