It's definitely not a bad idea to be represented by a tax professional --- either a tax attorney, CPA, or EA, as you don't seem to understand what...

Indian Origin US citizen , working in IT company. Can I work remotely from India for US company and How but taxes to file in US

The United States is one of the few countries in the world that taxes based on citizenship, rather than residence. That is to say that even...

Setting up Donor account to offset huge Tax Bill Year

For some reason financial advisors like to give legal advice even though they are not qualified to do this. For starters, there is no specific...

How can someone fix not filing taxes for years

You should start by hiring a tax resolution specialist to help you dig yourself out of the hole that you are in. There's no time like the...

If the policy is still in existence and it hasn't been cashed in, then it will be payable to the estate. The estate will need to be re-opened. ...

I would attach a certified death certificate to the form and sign your own name, followed by the words "Surviving Spouse" DOJ will either make...

If someone owes back taxes, that's a red flag that he does not manage his affairs well. That means that he probably won't manage the business...

There is a reason why people hire professionals to prepare their income tax returns. I guess you are only just now discovering that. The City of...

Capital gains distribution from house sale to "significant other".......She is on the title and deducts Interest payments.....

If your SO is a joint owner with you, then she is entitled to 50% of the proceeds from the sale. The IRS should not give you any problems with this.

If you want to make sure that your wishes are carried out -- both before and after you die -- you need to have your documents prepared by an estate...