I know the IRS can seize monetary inheritance. If I cash the check, is it traceable, if not deposited in the bank?

You need to work with an attorney, CPA or Enrolled Agent who represents taxpayers who owe money to IRS. They can get you set up on a payment...

Title search returning similar name liens. How to refinance?

I'm confused as to why the tile company would be pulling up liens against a previous owner. When you purchased the house, was a title search...

Interest free loan from Employer

The practical answer is this: if the $10 K is included on your w-2, then you will have to report it as income on your income tax return. If the...

Can I write off this loss?

You cannot just "write off" the loss because you do not want to pursue collections against the guilty party.

I'm filling out the FAFSA and I'm unsure how to classify my parents as married or single. Can you help me?

I suggest you call the Financial Aide office at one of the colleges you are applying to and ask one of the counselors there.

How do I file income tax on a house I received from a Beneficiary Deed and later sold?

Your basis is the appraised value of the house. You will be taxed on the difference between the appraised value and the selling price. This will...

Do we need to apply for a Trust ID number to file Trust Return?

The answer turns on whether your father is living or deceased. If deceased, then the trust became a separate taxable entity upon his death. ...

Agree with Mr. Geffen. If your son works on their premises, subject to their control and supervision, then he is properly categorized as an...

How do co-executors split checking account of sole deceased that was never submitted to probate attorney?

If only the names of the two deceased parents were on the account, you will need to ask your probate attorney to re=open the estate so that the...

Can I as guardian become beneficiary of an insured policy

Your question is very confusing. If you are in fact guardian over someone (your ward), you were appointed guardian by the Probate Court after a...