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...

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...

It's not clear what kind of "closing letter" you are referring to. If it's a letter from IRS, then absolutely, the Executor wants assurance that...

Why are you posting questions online when you have a tax accountant? You should be asking your tax accountant these questions. And if you don't...

Unfortunately, in disputes over smaller amounts of money, it simply doesn't make economic sense to pay an attorney (or any other tax professional)...

Probably not necessary to establish an LLC. However, before renting out a room in your house, you should consult an attorney who specializes in...

You should not file Form 56 unless you are either the trustee of a trust or a court appointed fiduciary of an estate. You should consult an...

If you can find another job, now would be a good time to do that ---- before we get into a big recession, which everyone is forecasting these days....

The practical answer is this: what amounts are we talking about here? If only hundreds of dollars, then probably not worrying about. On the...

The question is this: how did Square/Cash get your husband's EIN #? They got it somehow. If you believe they obtained it fraudulently, then...