Property taxes should be apportioned according to the owners' ownership interests. If you cannot agree how to pay the property taxes, then it...

First of all, there is no such thing as a "step-up capital gains deduction." Secondly, you get the basis step-up as of the date your family...

As an employee, you cannot deduct your legal expenses. Employee expense deductions were eliminated by the Tax Cuts and Jobs Act until the end of...

It sounds like you have gifted your house to your son. You are therefore required to file a gift tax return. Too bad for your son you did not...

Nobody on this forum can advise you as to whether you should have a trust without knowing the specifics of your family situation and estate...

"Having to do probate again" is the least of your worries. It sounds like you have been trying to administer a decedent's estate on your own...

Probably not, as she did not have a valid Social Security card for the year for which she is trying to claim the Earned Income Credit.

If the team has no profit/loss, and if you are careful to keep the team's funds separate from your own funds, it should not affect your taxes.

You should definitely consult an expert taxpayer defense attorney and resolve your tax issues BEFORE you start drawing on Social Security.

Agree with Mr. Jaap. You can petition the Probate Court to have your brother removed as Administrator. As administrator, your brother should...