I just inherited $75K cash. I currently owe the IRS $12K and a hospital $22K. Question is.....If I put my $75K into a checking

Both attorneys offer sound advice. Your inheritance is subject to these claims and you should have tried to work things out way before you got...

By claiming my husband as a dependent on income taxes, would he be entitled to half of my house i had before i married him?

To clarify, you would not be claiming your husband as a dependent but you would be filing a joint return. He is not your dependent. You would be...

My friend ask me if she could use my name so she could get out of paying capital gain taxes. i

Get with a tax attorney immediately. This situation must be fully explored to come up with the proper way to handle this. An amended return with...

My husband took out a 401k loan, then the rest of his plan, behind my back, & spent it. Can I get this back or taxes from it?

It does not sound like there will be any refund based on your facts. The amounts withdrawn are subject to income taxes and he probably had minimal...

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How can I get a hardship for a ten year old sales tax bill?

Sales taxes are one of the debts that are not dischargeable. Working out a settlement is always difficult. Since you had enough wealth to buy a...

Does a U.S. citizen who is living in another country have to pay U.S. federal income tax? What if he owns property in the US?

As a US citizen, you would still need to file a US income tax return as U.S. citizens are taxed on their worldwide income. Note, that you would...

Rental losses as AGI < 150k

1. Yes the $150,000 is for single and married. There are limits when someone files married filing separate. 2. When you sell the property, the...

Peter Schiff: It is a settled legal principle that Congress cannot do through the tax code what it lacks the power to do legisla

If you think that these statements have any impact on your tax filing requirements you are misguided. Tax protest cases have left the taxpayer in...

Hiya, How do you handle a 10yr old Will that was not probated?

Mr Shutt offers sound advice. The bottom line may be that the copies you have cannot be admitted to probate. In such case, you may have to handle...

Moving to the EU next year, keeping the US job. Need someone to help me setting up the tax thing. Whom to speak with?

As a US citizen, you would still need to file a US income tax return. Note, that you would also probably pay foreign income taxes in the country...