If a person is acting on behalf of someone through power of attorney, how can they avoid taxation of funds they are handling?

There should not be taxation here. The monies belong to the son, but, even if that was the case, this is an inheritance. It's not income.

Do I need to return a refund after offer in compromise?

Ordinarily, any refunds up to and including refunds for the year in which the offer is accepted are applied to the liability. But if you...

Need to Force Turnover of Tax Records from Corporate Officer

As a general proposition, officers must answer to directors. So, if a majority of the directors are of the mind that the records must be turned...

Can a Mortgage Company foreclose on a property that is going through probate?

Although I've never seen it done, a mortgage holder may technically claim the right to foreclose in this situation because mortgages typically...

I need advise ASAP. I own a hair and tanning salon. The girl I hired as my bookkeeper didn't renew my salon license..

My thoughts are along the same lines as the other answers. You may wind up paying a late fee of some sort, but hopefully nothing more.

Does a bank have the right to take everything out of a deceased one's safe deposit box?

If you were joint tenants with your father, you should have been permitted to access the box. Otherwise, you may need to file a probate, unless a...

IRS Tax Return

If the IRS has reduced (abated) the previously assessed tax, you can find it out from them by calling their general number. That is not likely to...

If these belongings were you mother's, you would need a death certificate and an affidavit for a small estate, or get yourself appointed as...

Husband died and just won case for lost wages is this community property

There are many issues here. One that jumps out is whether the premiums on the disability policy were paid with community assets. Also, as long as...

My sense here is that you may be confusing your father's trust with his estate. It seems like in order to get the help you need you'll need to be...