Respectfully disagree with my colleague. If your father has died and ownership of 1/3 of the property has already vested in you, you can disclaim...

There is nothing to prevent you from changing a rental property into a personal residence. However, if you do your homework and make a wise...

You should definitely consult an expert taxpayer defense attorney --- sooner, rather than later. He/she will be able to help you sort out your...

Your fiance should pay an attorney to prepare a will for him --- it should not be that expensive. He should also make sure that all of his bank...

You can make estimated tax payments if you want to. The form to use is 1040-ES. Ask your "tax lady" to calculate the correct amount for you.

If you have adequate insurance, and if your daughters are listed as insured drivers on your policy, then you should be OK. Remove driving...

This would be a gift. Technically the niece and nephew would have to report this gift on a gift tax return. Also, if the niece and nephew...

IRS has 10 years to collect, not including extensions for things like installment applications, bankruptcies, etc. Many states have even longer...

Dead people are not eligible to receive stimulus payments. The stimulus payment should be returned to IRS ASAP. If you are unsure how to do...

YES. There are all kinds of implications. NEVER, NEVER, NEVER let another person use your Social Security number for anything! You are...