It sounds like your mother needs to sit down with an expert estate planning attorney. She can accomplish her objectives of putting you in charge...

Yes. You cannot avoid capital gains tax simply by transferring title to property into a trust.

Being an agent (POA) for someone else is a huge responsibility and not everyone want to take that on. If your mother appointed you as her agent in...

The State of New York has 20 years from the date a warrant could have been filed to collect on a tax debt. This is double the ten years given for...

If you are making more money, you should end up paying more tax. Your tax liability increases along with your annual income.

Attorneys are prohibited from soliciting clients on this web site. If you want an attorney, you can use the "Find a Lawyer" tab on this web site....

Money provided in exchange for services is income and must be reported on your income tax return. Whoever pays you will, no doubt, report this...

You need to consult a CPA, enrolled agent, or tax attorney who handles tax controversies. They can obtain a copy of your "Wage & Income"...

Yes, they are taxable. And the benefit to having income tax withheld is that you will not end up owing a lot of money to the IRS next April 15.

It sounds like your step-father is no longer legally competent to execute a Power of Attorney document, so he cannot appoint you as his POA. ...