Do I need to go to court for guardianship of my dad to take over finances?

In my opinion, your POA is a failure. The POA should have been activated the moment father signed it, and not at some time in the future. At this...

Question about claiming mortgage interest on my income taxes

This is a very common problem where a kid makes for his moms mortgage payments. Unfortunately , the interest is not deductible by you. Under...

Me and my brother established a computer repair business with my college friend.

The costs of litigation will vastly exceed the amount of profit made by your business. Therefore, no lawsuit will probably be filed by either...

My business partner in an Illinois s-corp, has been found that he embezzled over $60K over 5 years. What can we do?

This is a fairly common problem with small businesses. In my experience small businesses like yours are ripe for embezzlement by either a partner,...

Power of Attorney

Yes indeed, the Statutory Power of Attorney for Property needs to be Notarized and witnessed by at least two witnesses. The main reason for...

How do I do my 2014 taxes?

Find a local Tax Attorney/CPA who can guide you through the tax return preparation process.

A business associate is threatening legal action for not including him in as a business partner and wants to be paid.

In America anyone can sue anyone for anything. But will this Person sue? Probably not! The cost of such litigation will probably exceed $50,000...

Yes it is considered Self-employment income, if you, or your family member, were paid for services rendered and you were not an employee of the...

If I was paid draws against future commissions and subsequently fired, do I have to repay the draws?

Many states have enacted a version of the "Statute of Frauds", possibly Georgia has such a statute. Generally speaking, the Statute of Fraud type...

After emergency surgery at our local hospital and insurance paying we had a balance due. Began making payments to hospital.

The hospital can send your account to collections. In my opinion, I suggest that you contact the collection agency and make them an offer to...