I donate monthly to my daughter's foundation, created by her before her death from ALS, to directly donate funds to other ALS victims to help with extraordinary expenses not covered by insurance. Her husband is the treasurer, who abused her physically, emotionally and mentally when she was... Read more »
Chances are that their estate and their heirs would be subject to Puerto Rican estate taxes and / or inheritance taxes, as well as to US federal taxes. But to be sure you should ask this in Justia > Ask a Lawyer > Puerto Rico; what does it have to do with Florida?
Can I have legal/financial problems for not paying taxes on vacant land lots ( Seabring, Highland County, Florida) that my ex-husbands purchased back in 2004 on my name? I stopped paying taxes and other fees on this lots 6-7 years ago, and worry if eventually county can put lean on my house that is... Read more »
The county can auction off the property for unpaid taxes in a tax deed sale. Your bigger concern is if there are any code enforcement violations which have generated fines. If Code Enforcement issues fines it can record liens which attach to any property you own. You also have liability if...Read more »
You need to consult a CPA or tax attorney. In general, compensation for physical injury is non-taxable, but compensation for emotional distress is taxable. To avoid tax liability, I'm guessing that the documentation must make clear that it's for physical injury. Search for a...Read more »
Publix, tax us on gift cards. They don't add $100 to our check, they give us gift cards then weeks later tax us on it. I live paycheck to paycheck, giving me a gift card and turn around and tax me. I can't pay a bill with that. And we have to use there and can't get another gift card... Read more »
Regardless of how you try to frame it the fact remains that you received a $100 gift that can be use to purchase something with at Publix. Under IRS regulations Publix MUST either pay the tax for you or pass it along to you.
Although I would need the exact relevant dates to be able to answer confidently, I will say--generally--that unless your mom had some real ownership in your dad's old company she is not PERSONALLY liable for the unemployment taxes owed to the state.
I received a NOTICE CP71D from IRS stating "Annual reminder of balance due taxes for tax year 1995. AMOUNT DUE $33,561.26. No explanation or detail as to what it is for. I paid ALL TAXES, PENALTIES AND INTEREST due for TY 1995 on 7/20/18. I called the IRS collection officer who handled my... Read more »
This is posted under Admiralty/Maritime, but I am not able to cross-reference any federal maritime statutes under those letters and digits. If it is a case citation, one possibility is Moorish National Republic Federal Government #AA222141 et al v. US Department of State et al, US District Court...Read more »
No, you pay taxes on your capital gain when you dispose of it, even if you give it away. The new owner's basis would be zero, assuming that by "quitclaim … to a friend", you mean that the friend gets it for free.
If your mother is still alive what her will says is not relevant since it is only effective once she passes away and between now and then she can change it as often as she likes. You cannot contest her will while she is still alive. Your mother can express her final wishes in her will without...Read more »
that expire soon. The total holding time will be about 6 months. For discussion sake, i say I bought the options for 1 penny a share and are now worth $100/sh) . If I exercise the options I will make $1000. If I donate 1 unexercised option to a DAF I have set up they will accept a call option) and... Read more »
You would have to pay capital gain tax on the difference between what you pay her for her undivided half interest, and the amount you receive when you sell the half interest you buy from her. But no, you don't loose the exemption on your half interest in the property which half interest you...Read more »
Once the IRS attaches someone's Social Security Account for non-payment of back taxes, the lien will remain attached to the SS Account until the amount of back taxes owed--plus all assessed late penalties and interest owed--is repaid in full. Moving will not change anything.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.