Inheritance tax

I agree with attorney Macwilliams. The 706 return includes the entire value of the home. This return should include the entire gross estate of...

Do I need a tax attorney

Yes, hire a tax attorney or other tax professional to amend this return and report the correct numbers. Any individual seeking legal advice...

What Do I Do?

If the preparer lied on your tax return and you knew about it, and signed and filed the return anyway you are responsible for the return and what...

For federal income tax filing. If my final divorce decree was issued in december of 2010, Am I considered divorced for all 2010?

For federal tax purposes your filing status is determined by what your tax status is on the last day of the tax year. Since you are an individual...

Can spouse exclude permanent disability income from taxes indefinitely?

Typically, this income is not taxable so long as he is not working. However, it becomes taxable if he returns to work an continues to receive...

Can an ex employer obtain my personal tax information from the preparer because they paid for it?

If you signed a document giving authority to your company to obtain personal information, then this document would have to be reviewed to determine...

Can i use my mothers equity line of credit now that she has passed while she was alive i handled all of her affairs signing her

The power of attorney only gives you power while your mother was alive. Once she died this power was terminated. You cannot continue to use the...

No, you can only have one will. The bank account just needs to be titled properly to integrate it with your current estate plan. Either go to the...

It does not sound like you were registered domestic partners, there was no will or trust, and no accounts were titled in your name. The Power of...

Do I need power of attorney?

A power of attorney is only effective during life and terminates at death. When you die without a will you die intestate. If the 401K and Life...

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