You only have one intelligent option: hire an attorney for at least one consultation to review that "agreement."

In situations similar to yours, buyers almost always hire an attorney to look out for their interests, and to make sure the client understands what...

How do you know that this person did that, and how do you know he got any refund to keep? If that is true, someone should report him to the IRS.

Your best bet on a complicated transaction such as this is to refrain from doing it yourself.

This is too complex a question for you to be seeking free advice on a website. Surely you and your siblings realize that you, and the estate, need...

Yes, it is possible, but there will be many other factors considered by the government before deciding on prosecuting such a person.

FIrst of all, what is WIC? Secondly, you would be well advised not to worry about someone else's tax situation, nor to take tax advice from a...

No, I would never, ever recommend anyone contact a tax resolution company for anything whatsoever. First of all, you should begin discussions,...

Yes, it is legal, and no, if it is $15,000 or less you do not have to file a gift tax return with the IRS.

There is a very good chance that the answer is yes. The IRS has first claim on most estate assets. Please do everyone a favor by seeking a...