If you are seeking to enter into transactions that are considered "listed" or "reportable" under the tax code using your Roth IRA, then an...

I would agree with Ms. Willi. There are several other ways to set up your affairs to ensure the minimum tax burden to you, your ex-spouse, and...

Because the Unified Credit is more than $11 million for 2021, there may be little or no tax implication. You and your father should see a tax or...

Your son should be filed on the grandparents' return for 2020. The stimulus check issued on December 31, 2020, may require additional legal...

I agree with Ms. Willi and Mr. Cohen. You may want to look into claiming your parents as adult dependents if you are supporting them in this...

You may be able to claim the second stimulus payment as a Recovery Rebate Credit on your Form 1040. You must file Form 1040 (U.S. Individual...

As a general rule, the just division of community property in Texas is 50/50. The court may deviate from that division if it deems necessary. ...

There are three general ways to transfer ownership of your corporation to your son; you can transfer it by gift, by sale, or by a combination of...