What is the process for creating a trust when the trustee is illiterate and has zero proficiency in English?

The best solution is for your uncle to retain an attorney who understands his native language. The attorney would be able to verify that the trust...

What are the tax ramifications of a home sale and are there ways to shelter the proceeds?

You have not provided enough information to answer your question. Since there are many items that need to be reviewed, it is best that you retain a...

Can a board member of a 501 c7 take money from our accounts without board approval, leave and start a new organization?

The organization's charter and by-laws contain the rules that need to be examined. The director's actions may be criminal. He took all of the...

Can a judge order which parent gets to claim a child on their taxes ?

If the parties are unable to agree, the court may decide by issuing its order. It is best you ask your concern to your own attorney.

A church does not need to file any tax forms to obtain tax exempt status. Often, a church needs to file for tax exempt status for a business reason...

When caring for elderly parents that live with you, what tax deductions can you take?

You should consider consulting with an elder law attorney, Michigan has rules that require certain expenditures be contracted in writing before the...

Is someone in contempt when not following the decree for taxes?

Your husband's family law attorney is the best resource to let you know about contempt. Also, there are legal costs relating to getting the...

What is the amount of the Capital Gain tax responsibility in the situation below?

You parents transferred the home's title to their children and continued to live in the home until their deaths. Under Section 2036 IRC, an...

Assuming that the person is deceased and the will was filed with the probate court, anyone can go to the courthouse and look at the will.

Do I need to prepare 1042 S for foreign contractors?

(Assumption - the workers are solely rendering services.) If all of the services were rendered outside the USA, you do not have to prepare form...