I have power of attorney on my father's bank account. he just past away. can I still write check out of that account?

The authority granted in a power of attorney ends upon the principal's death. However, if the account was a joint account then you would still...

My husband made me sign all kinds of documents including tax returns and would not allow me to read them. Am I guilty fraud?

Assuming the return was filed as married filing jointly, both spouses are jointly and severally liable for the tax debt. This means that each...

Powers of Conservator

It may be possible but it is going to depend on the type of conservatorship and type of claim/relief sought. It would be a good idea to talk to an...

Taxpayers that file as married filing jointly are jointly and severally liable for the tax debt, even if they divorce later. This means that each...

As executor, when filing personal income tax 1040 for deceased father, what paperwork is needed for an insolvent estate?

The IRS is going to question that he had no assets since he lived in a home. It may assume that some things in the home were his assets. As for...

How do i purchase the property next to me if it has already been purchased for taxes? he will not actually own it for another y

I am not sure exactly what you are asking in your question but the first step seems to be doing a title search on the property to see who actually...

I HAVE TO PAY 50% OF THE VALUE OF MY TAX BENEFIT AS CHILD SUPPORT

There are a lot of questions here with not enough facts to answer all of them sufficiently. It would be a good idea to find a tax attorney and/or...

I hired a tax preparer to do our taxes but he made a lot of mistakes and now we owe IRS almost $9000. Should we consult a tax la

At a minimum you should talk to a tax attorney or CPA who is familiar with the types of income that was reported on your return. From there, he or...

Whether a settlement is taxable depends on the origin of the claim, meaning that if you receive an amount in settlement that is to replace wages,...

What are the tax benefits of incorporating and electing an S-Corporation?

An S-Corp is a pass through entity for tax purposes, meaning that business profits are taxed at the individual level. Additionally, losses pass...