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...

Your boyfriend should file a gift tax return reporting the gift. (No tax must be paid, but the gift should be reported) That way IRS will not...

Yes, you will have to pay taxes. You should contact an intellectual property / patent / copyright attorney to make sure that your software is...

By "tax return" I assume you are referring to your "income tax refund." Nobody on this site can advise you without additional facts and without...

This is a question for the attorney who drafted the trust. If you cannot locate that attorney, then you should engage the services of an expert...

As long as it truly is a gift, and was secured by means of coercion or fraud, then you have nothing to report. However, in case you are audited...