No. You cannot offset or reduce your property tax bill by making a donation to a local art museum ---- they are two separate entities. And you...

You would be wise to check with both a CPA as well as a financial advisor before you give away any more money.

U/A DTD means "under agreement dated" and refers to identify a trust by the date that it was executed.

Nobody can advise you on an internet web site. Schedule a consultation with a CPA or a tax attorney to discuss your situation and the options...

IRS and state tax authorities levy your bank account when they want to get your attention. It looks like their strategy worked. I suggest you...

When there is not enough money in the estate to pay creditors, this is called an insolvent estate. Creditors are given notice by certified mail,...

If you are selling a business, you need to be working with an experienced team of advisors: an attorney as well as a CPA. They can advise you...

If you sell house close to the date of your mother's death, then the selling price is presumed to be the fair market value at date of death, not...

What you really want to know if whether you get the basis step-up, and the answer is YES. Your tax basis in the property is equal to the fair...

If you have a Green card, or if you meet the FIRPTA "substantial presence" test, the sale will not be subject to FIRPTA withholding.