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[quote=Anonymous][quote=Anonymous]But you have not explained why she was on the account to begin with … If she is on the account, it is HER account. Really - by law, by practicality, etc. Was he such a momma's boy that as an adult he put his mom's name on his own account? Was he just too stupid to figure out how to open another account when he grew up? What on earth is going on that you and DH are running your entire business through an account with his mom's name on it? Something is totally funky here (from a CPA's standpoint). Either it was her business to begin with (so show some respect and leave her on the account) … or your DH was a coddled baby and couldn't have his own account (rough ride in changing the diaper duty from mommy to spouse sounds predictable) … or there is some weird tax scheme going on. Which is it? [/quote] We haven't been using this account long. We needed a separate account, this one was already opened and DH knew his Mom would take her name off. I thought nothing of it. This business is DH and MY business. She has never owned any of the business. She's never worked a day in the office. DH was a Mama's Boy when we first met. He has grown leaps and bounds. He is trying very hard to be a man (in every sense of the word) and his Mom has had an extremely hard time letting go. [/quote]
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