In 2010, my grandmother transferred her house in New York to my father with a life estate for her. My brother and I are the beneficiaries, and my father passed away seven months ago. We want to sell the house with our grandmother's blessing. How do we manage the capital gains when we sell it?

September 19th, 2024

If you buy a work of art and it is immediately loaned to a non-profit museum, do you still have to pay sales or use tax on the purchase?

July 8th, 2024

What is five percent tax of $4.80?

November 19th, 2024

I am starting an online retail website. What tax rate will my customers be charged, and should I establish the company in a lower or non-tax state? My office will be in Atlanta, but all products will be drop-shipped from vendors in other states. My largest drop-shipper is out of NY. Are there any tax benefits from selling energy-saving products, and how does donating half of the profits to a non-profit affect my taxes?

May 5th, 2023

Can I claim children in my household that are my fiancé's children, which I take care of?

April 22nd, 2023