WHAT DATE IS USED NOW 22' ON EIN IRS FORM SS-4? DECEASED 2013 W/WILL, EXECUTOR SWORN IN 2014, EIN NOW NEEDED TO OPEN BANK ACCT?
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Answered on December 08, 2022
It sounds like you need the assistance of an expert probate attorney. You should find one now before you make any serious mistakes for which you...
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Can the IRS collect a deceased persons debt from their life insurance proceeds?
Kaye's answer
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Answered on December 07, 2022
IRS is a "Super Creditor." While IRS may be lenient with individual taxpayers --- especially retirees and senior citizens living on a fixed...
How do I file for taxes if I'm paid in cash?
Kaye's answer
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Answered on December 07, 2022
If you are paid in cash, you are probably being paid "under the table." Which means that your "employer" is not paying any employment taxes. It...
IRA custodian lost cashier check?
Kaye's answer
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Answered on December 07, 2022
Don't worry. Heads are rolling over at Vanguard and they are pulling their hair out looking for that check. Sooner or later they will find it.
In regards to a trust, what does it mean when it states "From and after the death of both settlors, the trust..."
Kaye's answer
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Answered on December 05, 2022
If your parents are both deceased, and if you are the Successor Trustee, I strongly advise you to seek the assistance of an expert trust law...
What would it cost me in fees are taxes to gift a rental property to my daughter.?
Kaye's answer
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Answered on December 05, 2022
Nobody on this forum can advise you without more information. If you have owned the rental property for 45 years, it is almost certainly fully...
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What are the tax liabilities of a single-member LLC owned by a non-resident of the USA?
Kaye's answer
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Answered on December 05, 2022
Whenever anyone starts a business in this country it is imperative that they first seek professional tax and business law advice. Any small...
Foreign Gift Tax rules. Parents sending money from overseas back to USA
Kaye's answer
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Answered on December 05, 2022
You do not have to pay on money sent as a gift. However, there are strict reporting requirements concerning the receipt of funds from outside the...
Capital gains tax or inheritance tax
Kaye's answer
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Answered on December 05, 2022
You will definitely owe capital gains tax on the property for any appreciation in value that has occurred in the past 20+ years. As for...
Do beneficiaries have to petition court for asset dispersement after final accounting approved and case closed?
Kaye's answer
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Answered on December 03, 2022
If there is an attorney involved in the administration of this estate (and from your question, it sounds as though one is involved), you should be...
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