Will there be an issue in the future if I opened a bank account with a tax ID number instead of my social?

Your tax ID # is filed with IRS as well as your Social Security #, so IRS is able to track your income no matter which number you use. And at the...

Can the irs take everything from all accounts without any notice?

Respectfully disagree with Ms. Malone. IRS does garnish accounts -- especially in cases where the Taxpayer appears to have assets to pay back...

How do I know if the court ordered spousal support is temporary or not?

If you have low income, go to your local "Legal Aid" office or one of the many legal clinics for low-income people that are offered by churches and...

If I am jointly on a deed can I deducted the property tax from federal income tax return?

If you actually paid the property tax, then you can use that amount in computing your deduction for state and local taxes. Whether you will...

Do I need a corporate lawyer or a tax lawyer?

You may want to engage the services of a law firm that has both a corporate attorney as well as a tax attorney. You may also need to have an...

Is it necessary to sign a second waiver for probate when disinherited?

Nobody can force you to sign a waiver if you do not want to. If you do not want to sign the waiver, then don't. The Executor will only be...

I would add to what Attorney Jaap said that if you object to your uncle administering his father's estate, it will create untold amounts of...

How can I pay my mother’s property tax and use the federal dedication ?

The money that you use to pay your mother's expenses is a non-deductible gift to your mother. But cheer up: with the new tax law, odds are that...

Can I take any deductions from my IRA?

Unfortunately, because an IRA is a tax-deferred account, you are not allowed to use losses from the IRA to offset taxable income or capital gains. ...

If a trustee of a California trust disperses money to beneficiaries is the trustee required to provide a K-1 every time?

The trustee is only required to file a fiduciary income tax return if the trust received over $300 in the tax year. It is only necessary to send...