Assuming that you are going through a divorce, the proceeds from the sale of the home should be placed in escrow. The escrow would provide that the...

Does the power of attorney form have any merit??

Someone has to review the poa to determine if it is valid. If the poa is valid, you should release the truck.

How can I file a continuance request for a lawsuit filed against me for a past debt, outside of the courtroom?

You did not explain the purpose of the court appearance. Is this just a status hearing? Is the purpose to schedule various deadlines for...

If my elderly mother sells a rental house how do we determine the tax consequences?

You need to hire a cpa or a tax attorney to provide you with a tax projection.

Are there any taxes on capital gain of the sale of my main residence, if my income is in the 0-15 tax bracket?

There is not way to tell you the amount of tax you may owe without cranking out the numbers. The first $250,000 of gain will not be taxed...

Selling my house on contract for deed. What happens to it if i file bankruptcy?

Your Bankruptcy trustee will take over the ownership of the home subject to the contract for deed. Your home, more likely than not, will be sold by...

IL taxes your worldwide income. Illinois does not allow a credit from a foreign country.

How to minimize capital gains on sale of primary residence that was rented out

This IRS Pub discusses the tax rules: https://www.irs.gov/publications/p523/ar02.html#en_US_2016_publink100010381 If you live in the home for...

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Am I committing tax fraud?

Do the two of you have 3 or 6 children? If you only have 3 children and you both knowingly claimed the same 3 as exemptions, it sure sounds like...

Most of the tax court cases that are filed are settled with the Appeals Division before trial. You must file your petition before the deadline...