What will happen when the IRS finds out I spent the tax money they weren't supposed to send me?

You owe the money to the IRS, simple as that. If you don't repay it, they can put a lien on your assets, destroy your credit, etc. so it would be a...

You should pose this question to the tax accountant you are working with as they know more details of your case. In general, they can for...

My first reaction is does this all come from an e-mail from a stranger who sent something on the lines of "I'll send you a big check, you cash it,...

Can I go for "Delinquent FBAR Submission Procedures" and amend 1040s since no tax is due, even if income was underreported?

If all you had in a foreign account (max balance) was $200, there isn't an FBAR requirement. The FBAR requirement starts when the balance on any...

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I would check with the company and get their permission as it is really up to them to decide what their employment/work policies are. Working...

What type of attorney do we need to handle a sibling buy-out of our deceased parent's home that is in a trust?

Search for trust and estate attorneys using the Find a lawyer feature above.

If I have a tax debt in both mine and my husbands name, can he take full responsibility for it legally?

What you put in the divorce decree will have no legal effect over the IRS. Basically, divorces are state law matters, the IRS is the federal...

Do I owe an inheritance tax?

If they are Illinois assets, the Illinois estate tax would kick in at $4 million, so as long as the estate is under this amount, there is no IL...

Is income tax refund part of personal property if not listed to one certain person in a will?

Yes, it is personal property and will flow through the will as such.

Will I owe inheritance tax, and how do I handle the required reporting now required when I cash the check?

The MA estate tax only applies at $1 million and above, the Federal estate tax applies at $5.4 million. There is no Florida estate tax and it is a...