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Daily Archives: June 30, 2015
Paying a Family Member’s Debt
A question often asked is whether there are any tax implications to paying a debt for a family member. The answer is yes. Every year, a person can give a gift up to $14,000.00 to one person without having to … Continue reading
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Tagged Attorney, Debt, Law Office of Camron Hoorfar, Lawyer, Lees Summit, LOCH
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