You need a trust attorney. If the trust is the beneficiary of your life insurance then you can name all the people you want to be beneficiaries in...

One spouse does not want to sell the home during a divorce and would rather take full responsibility for all IRS tax liens?

It is possible but not likely. If two people owed you lots of money would you be willing to let one off the hook. There could be other options for...

How long does the IRS have to collect on taxes owed?

The general rule is 10 years from the date of the assessment. Each assessment has a different date. There are things that can extend that date. An...

You have to report it on your tax return as income. Whether or not you pay tax on it depends on the totality of the income, deductions, exemptions...

How can my soon-to-be ex-wife take my house

Get yourself a good divorce lawyer. Use the Find a Lawyer button here on AVVO.

Is there a statue of limitations on a creditor filling a 1099c ?

Many of these late delivered 1099-C can be defended against assessment. Like all legal matters it is depends on facts and circumstances. A skillful...

See this page at the IRS website: https://www.irs.gov/businesses/small-businesses-self-employed/late-election-relief It lists the requirements...

First before dealing with the bank account issue, If you want to protect your refund then you can file as married filing joint and attach the...

Do I have to amend my tax return to include my wife's babysitting income?

If you have unreported income then you need to amend the tax returns and report it. The issue you will face is if they withheld taxes from that...

Can someone file a 1099 on a gift?

If he gives you a 1099 it doesn't mean that it is accurate or that you have to pay tax but you do have to deal with it on your tax return or the...