My ex and I agreed that he can claim me as a dependent and my two children on taxes this year just as long as he gives me half..

What's your question? Are you inquiring whether this is enforceable?

RE: Income Tax on Rental Income: According to tax law, am I allowed NOT to take Depreciation Deduction against my rental income?

You're not required to take the deduction, but your cost basis is reduced by the amount of depreciation that is "allowed or allowable." So, whether...

How can I get a copy of my dads living will if he is in the hospital but is unable to sign any kind of documents

Is it the will or the living will you are trying to track down? Or is it his health care power of attorney? which is the document that would give...

I plan on giving a cash gift of approx. $40,000 to my companion this year (2015). Are there any tax or reporting obligations?

You will have to file a gift tax return (IRS Form 709), but unless you have made previous gifts totaling more than $5 Million, there will be no tax...

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Currently have a living trust + 2 wills for my wife and myself drawn up in AZ. How to make minor changes w/different atty?

The least expensive route would be to go back to the attorney who prepared the documents. The problem with going to a new attorney to amend a...

Note that I'm not a NY lawyer, and the prior response comes from a NY lawyer, so to the extent this is a question regarding NY law (as opposed to...

Ok, my mother passed away and I payed off her property, now I am being told that she did not put me on her deed or mortgage.

If the property remains in your mother's name, you'll need to open a probate, unless the value of the property is sufficiently small to qualify for...

Which is best in Arizona? Property to be shown as Joint Tenancy or simply as Husband and Wife?

If the house has appreciated, you typically, though not always, want it to be in some form of community property for tax purposes, assuming that...

Can I have 1 LLC to cover several businesses at once or only 1 business at a time. I am Ordained, a Reiki Master and an artist

You could, but it might not be the best idea. With only one LLC, the assets of the LLC would be exposed to the liability of all three businesses.

The state is trying to collect taxes on a C Corporation that I dissolved several years ago... Am I personally liable?

I"m not sure hiring a tax attorney for a $2,000 state tax problem is practical. If the state liability is a corporate liability, the state's...