FIrst to file generally gets the exemption, although the rightful claimant will eventually prevail. I have seen the IRS disallow both and force...

What is the ratio of cash donations to the tax that you owe? Is there an easy way to figure it out? Need to ask for donations

It depends on their tax bracket, and may be affected by itemized deduction limitations, but generally, if for example they are in the 28% bracket,...

My mother is 99 and first in line to receive a large inheritance.She is a ward of the state and in a nursing home.

talk with an estate planning attorney, more facts needed to evaluate. Ask about disclaimers.

IRS taxes for back payments

It depends on the tax year, generally the tax year must be 3 or more years ago, the tax return generating the liability was filed more than 2 years...

My father is now living with me i need a POA for heath/medical and day to day business activity. how do i go about getting one.

The Missouri Bar Association website has some information available, and you can certainly find a fill in the blank form, but if these are not done...

Who gets to write off the property taxes paid each year??/

Is this an installment purchase contract? If the buyer pays the taxes, the buyer may deduct the taxes (if deductible).

If you have a business tax identification name and number but never started the business should you have been filing tax reports

It depends on the type of entity; partnerships, LLCs and S corporations typically have to file even if no income, because of the information return...

Does the executor have the exclusive right to sell a good income producing real property against the interests of a beneficiary?

You could offer to buy the property and use your inheritance as collateral with a lender. Consider hiring a local lawyer to assist.

What type of trust should i use if i want it to go 360 years in Florida. What would be the minimum amount of money to do this.

Typically this would be called a "dynasty" trust, but its an irrevocable trust usually with a corporate trustee for the benefit of a pool of...

Too many details but US Bank as trustee authorizing ndex west llc to initiate foreclosure on deed assigned to trust Jan 2012.

Sounds like you need a lawyer to defend a foreclosure and raise affirmative defenses and counterclaims? Too complex for a simple Avvo answer, look...