Law Offices of Daily & Toups

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Tenants by the Entirety is a special form of joint ownership between married couples here in Florida that provides a significant amount of asset protection for any assets owned as Tenants by the Entirety. While roughly twenty states have laws that allow for Tenants by the Entirety ownership, state laws vary widely as to which […] Source
This is part 2 of 6 of our in-depth guide to winning your audit. Audit Selection—Why Me, O Lord? You just got an examination notice from the IRS. Are you merely unlucky, or are there more sinister forces at work? Computers and Classifiers The IRS computer is to blame for most audits. Each year, your […] Source
This is part 4 of 6 of our in-depth guide to winning your audit. Types of IRS Audits There are three types of IRS audits: correspondence, office, and field. The way the IRS goes about auditing you can produce very different results. A few years back, office audits resulted in additional tax and penalties averaging […] Source
Funeral plans, burial spaces/plots, and prepaid burial contracts are exempt for Florida Medicaid if the funeral plan or burial contract is irrevocable. These contracts need to be with a funeral home or funeral director in order to be excluded. Typically, when you purchase a prepaid funeral plan or burial contract, the contract is often revocable […] Source