If the reason the money was transferred was a gift, there is not any income tax liability. The father would then have to file a gift tax...

Many criminal tax cases start with an income tax audit. I perceive that the 3 schedule c were made up and you actually did not have these three...

No, you are not required to issue a form 1099 because the rent is not a business expense.

The deed that shows your father and sister as owners needs to be reviewed to determine if they owned the property as joint tenants or tenants in...

The lien only encumbers only 1/8 of the value of the house (the portion of the home that is owned by the sibling with the lien.) The other...

You should file Mississippi income tax return to get your refund.

I assume that you are married. Yes, you can purchase a house in your name alone. However, if you and your spouse live in the home, you are...

Four attorneys responded to your question. However, no one answered your question about whether your father can abandoned the property. Based...

You will need to decide on you own whether you believe your aunt's statement (that all of your grandfather's money was spent before he died.) If...

Only the partnership can make this election on its own income tax return. See...