brett@ucla-cs.UUCP (08/06/85)
According to Money magazine: "You may be the most conscientious taxpayer in the country, but if you share a bank account with someone who owes the IRS, watch out. The Supreme Court recently ruled that the IRS can seize the assets in a joint bank account even if only one of the depositors hasn't paid his taxes. The ruling doesnt change anything for married couples who file jointly; their accounts have always been fair game. But you may want to reconsider accounts with roomates or in-laws." -- Brett Fleisch University of California Los Angeles 3804-f Boelter Hall Los Angeles, CA 90024 Phone: (213) 825-2756, (213) 474-5317 brett@ucla-cs.ARPA or soon to be: brett@LOCUS.UCLA.EDU {...sdcrdcf, ihnp4, trwspp, ucbvax}!ucla-cs!brett -------------------------------------------------------------------------