My husband and I file our taxes jointly and received a CP2000 notice saying we did not claim things on our taxes what do we do?
Magda's answer
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Answered on October 10, 2021
The letter you have received provides instructions on what to do if you do not agree with it. If you are unsure of what to do, I recommend that you...
Property taxes and Homestead exemption in Florida ?
Magda's answer
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Answered on September 27, 2021
Unfortunately once there is a transfer of title to the property, the real estate taxes will readjust to the current market value. You will not be...
My wife and I are Canadian. We'd like to retire in the US, preferably Florida. Is this possible?
Magda's answer
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Answered on September 26, 2021
I have changed this to immigration instead of tax so that you receive more responses.
How to obtain a writ of garnishment without alerting debtor?
Magda's answer
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Answered on September 23, 2021
The actual paperwork is not sent out to the debtor until after the writ of garnishment has been served. The debtor does not know about the...
Backup With Holding Tax?
Magda's answer
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Answered on September 15, 2021
Usually only non-resident aliens are subject to backup withholding. Per the IRS, you may be subject to backup withholding under the following...
Do my daughter and I have to pay the IRS , if she pays off my mortgage ?
Magda's answer
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Answered on August 17, 2021
Do you owe the IRS any money? Not sure why you would have to pay them.
At the time you gave money to your daughter to buy a house, was it a gift...
I work at home in Florida and my employer’s office is in Indiana. Do I have to pay Indiana’s state tax?
Magda's answer
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Answered on August 16, 2021
Some states tax income that is issued from their state or by a business in their state. It appears Indiana is one of those states, but you would...
What is maximum amount of gift (2021) not subject to Federal Gift Tax/Not Includable by Recipient?
Magda's answer
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Answered on August 10, 2021
In 2021 the maximum gift that can be made without having to file a gift tax return is $15,000.
What tax implications can I incur if I quit claim jointly owned rental house
Magda's answer
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Answered on July 24, 2021
It is generally not advisable to quit claim property as there may be anticipated negative consequences. This is something that should be discussed...
What attorneys specialize in minimize money owed to the IRS? What options are there to eliminate/reduce amount owed?
Magda's answer
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Answered on July 20, 2021
A tax attorney who handles tax defense/litigation would be able to review your situation and discuss your options with regard to the debt owed to...