If your name was also on the account, there is every reason to believe that you are the legal owner of the account at this time. As the other...

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To depreciate or not? LLC or TIC? 1st yr out of trust for inherited rental home. Best way to lower taxes?

Excellent question, which might better be answered by a CPA. What you do on your federal income tax return might not be known to property tax...

My mother in law lived with us for more than 6 months but her sister is putting her on her tax return. what can be done?

Despite your frustration with how unethically others may be acting in this case, I do not recommend that you file a report with the IRS (although...

Is it legal to deny me a copy of a contract I am expected to sign?

Why would you want to do business with a company that is telegraphing to you that they do not operate in good faith? If they do not want you to...

"Responsible Party" Payroll Taxes & More

You are quite wise to research this potential source of liability for you. The fact that you do not sign checks will be quite helpful to your...

Based upon the facts you state, it is very likely that you are an employee for tax purposes. This would mean that the employer has failed to...

Can a Landlord, through owner financing, foreclose on a property due to unpaid property taxes????

It is possible that the lease-purchase agreement states that if the buyer does not pay property taxes, it constitutes a default. I have not seen...

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Reported a $3000 car as gift to motor vehicles to avoid taxes. IRS requested proof. Can we tell IRS car was purchased?

We probably need a bit more information. How did the IRS get involved in this? Whether a person purchases something or receives it as a gift, the...

If I'm a victim of fraud, confirmed by the Court, can count/lawyer fees to correct it be a tax write-off?

No.

In executing a will-- how long does the executor keep an item in the will going to a beneficiary?

I agree with the other attorneys. If you have a decent relationship with the executor, ask about the intended distribution schedule. Or, ask the...