How does my Mom refinance an equity loan in a trust account?

Even though your parents' trust probably authorize her as the trustee to obtain a refinance and secured a loan with trust property, a number of...

I made 3000 do i want to file there were no fed taxes taken out will i owe them

You are not required to file at your level of income. If you do file, you will not owe income taxes. However, you should file to get a refund of...

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Chapter 7: Do I have to claim my IRS and State tax liens if they will be discharged soon?

You are required to list all of your debts and all of your property on your schedules. You should have listed all taxes owed, whether or not...

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Do I need to seek an attorney against my tax preparer company?

The effect of the father filing first is that you cannot efile your return with the son as your dependent. If you want to claim your son as a...

How can I check to confirm a bankruptcy?

You can check the court records of the bankruptcy court in which the business is located. There are other sources of information, but the...

If your father-in-law meets the qualifications to be your dependent, then you should claim him. I know of no law that would make you liable for...

I am one of four beneficiaries on my mothers living trust. She passed in October, 2013. My brother is the one in charge of it.

Even with a trust consisting of just an unencumbered house, the trustee may have to complete a number of steps before the trust assets can be...

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Can I claim an inmate as a dependent on my taxes?

There are a number of requirements to claim someone as a dependent. One of the requirements for a person over the age of 19 who is not a student,...

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I am successor trustee and sole trustee of my deceased fathers trust. I do have 2 older brothers

Review the terms of the trust to determine what powers you have to sell the property. As a general rule, only the signature of the trustee is...

Do I have to include income received through disability when filing a tax return?

If you receive any amount for your disability through an accident or health insurance plan paid for by your employer, you must include the full...