Looking for a tax attorney in fort lauderdale: Owe back taxes
Magda’s answer: There is no question posed. If you are looking for a tax attorney, you will find many qualified candidates on Avvo. I recommend that you look through the profiles and call the attorney(s) you think are a good fit for you. That way you can make a decision as to whom to hire after speaking to them.
What are the tax implications of paying for a house in Florida that my daughter will own.: I live in FL. My daughter and husband in NJ. They want to move to Florida. If they buy a house for $165,000 and I pay for it, are there any tax implications for either of us. I saw something about a form 709 but I'll need an explanation of what that form does and what I should do. Thank you.
Magda’s answer:
You can find out all the information regarding Form 709 by visiting the IRS website:
https://www.irs.gov/instructions/i709 and
https://www.irs.gov/forms-pubs/about-form-709
This should answer all your questions.
Should I file for Bankruptcy......again?: I filed for Chapter 7 about 25 years ago and find myself in a bind due to a surgery that cost me my employment. I Have a mixture of debt mainly credit cards and with my current finances I won't be able to pay them back. One has already served me with papers and once that goes through I won't be able to survive financially. In total i have roughly 75k in debt and this is my unfortunate solution. Any guidance would help. Thank you in advance.
Magda’s answer: As you know bankruptcy is a complex procedure which requires an analysis of your entire financial situation so that a proper determination can be made as to whether it is right for you. I highly recommend that you speak to a knowledgeable and experienced bankruptcy attorney who can guide you through the process. This would enable you to decide whether it is the right step for you to take at this time.