Does Alimony Count as Income for Medicaid: Agreement Date Rule
Learn how alimony counts as income for Medicaid, from the timing of your agreement and payer rules to special considerations for seniors and reporting.
How to Avoid Taxes on Life Insurance Proceeds
Learn how to avoid taxes on life insurance proceeds, from estate and trust planning to preserving the policy's tax status and taking cash out carefully.
Who Can Put a Hold on Your Bank Account: IRS, Courts, Creditors
Learn who can put a hold on your bank account, from creditors and government agencies to your own bank and courts overseeing family or civil disputes.
Do You Have to Pay Taxes on Wrongful Death Settlements?
Learn how taxes on wrongful death settlements work, from what the IRS excludes to the categories that are taxable and how to handle reporting and payment.
What Makes a Trust a Grantor Trust? The Six Powers
Learn what makes a trust a grantor trust, from the powers a creator can retain to beneficiary ownership rules and the tax consequences that follow.
What to Do If a Tax Preparer Stole Your Refund?
Learn what to do if a tax preparer stole your refund, from reporting the fraud and tracing your money to protecting your identity and recovering losses.
1099-C Statute of Limitations: Rules, Penalties, and Recordkeeping
Learn how the 1099-C statute of limitations works, from the assessment windows and their exceptions to IRS penalties and how long to keep your records.
Are Revocable Trusts Subject to Estate Taxes?
Learn how revocable trusts interact with estate taxes, from IRS treatment and state-level rules to the structures that can actually reduce what's owed.
Can You Have More Than One Trust? IRS Rule, Costs, and State Law
Learn how having more than one trust works, from why people layer them and the IRS limits to the costs and state law wrinkles that shape the choice.
What Is Paid-Up Life Insurance? Types, Loans, and Tax Rules
Learn how paid-up life insurance works, from the policies and premium histories that reach this status to the loans, taxes, and transfers that follow.