Will we owe gift tax for a quitclaim deed?
Yes, by adding you to the title of the home, your partner will be required to file a gift tax return. The amount of the gift would be 50% of the...
Miami, FL
Tax Lawyer at Miami, FL
Practice Areas: Tax, Bankruptcy & Debt ... +3 more
Yes, by adding you to the title of the home, your partner will be required to file a gift tax return. The amount of the gift would be 50% of the...
You will need to ask DMV this question. However, my clients' experience has been that the DMV will not issue the license until the discharge is...
The general answer is yes. You can surrender a vehicle in Chapter 7, but the trustee will review in case there is equity in the vehicle.. Whether...
Mr. Woodward's is very thorough and accurate. Unless the company files the revocation of the power of attorney, you will have to follow the...
I cannot know if you are being scammed. However, I have had clients who leave those companies. They ended up paying the company more than an...
The guidance you seek is beyond the scope of this forum. I highly recommend that you hire a bankruptcy attorney to help you.
Assuming that you and your boyfriend are both US residents/citizens living in the US and the source of the funds you are are receiving is US based,...
Since you are now aware of the bankruptcy, continuing your small claims action is a violation of the automatic stay. Violations of the stay are not...
No. Social security benefits are based on income earned. The Social Security administration states: Social Security benefits are typically...
Whether the IRS can levy on your VA benefits depends on the nature of the benefit you are receiving. The Internal Revenue Code does exempt from...