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I am being sponsored by my company for my MBA. The company pays the school directly (not in my W2), and the school bills an all-inclusive tuition which includes qualifying tuition, books, housing, and food. When I received my 1098-T, it listed out the qualifying tuition and the non-qualifying. Do I need to pay taxes on the non-qualifying...
Submitted Jun 7, 2016
HELLO, I WORK IN DC BUT RESIDE IN MARYLAND I AM 26 YEARS OLD AND I WOULD LOVE TO KNOW WHAT WILL BE THE BEST WHY TO ADD INTO MY RETIREMENT PLAN SO I CAN BE OKAY WHEN I RETIRE?
Submitted Jun 10, 2016
Recently received the message below from our payroll department. They are saying we can not opt of the Life Insurance policy even though we are now responsible to pay the taxes over the new/2016 $50,000 limit and we can not keep the policy if we leave the company - basically, employees now have a new tax liability and are being forced to take coverage over the...
Submitted Jun 16, 2016
My apartment complex sent out a letter stating all tenants must now carry a 100,000 Personal Liability Insurance policy and list the apartment complex as an Additional Insured. Since they are not a lienholder like when a person has a loan on car or home can they make this stipulation? Thank you for your time. Kerry
Submitted Jun 1, 2016
When I questioned my State Farm agent (finally) about why my homeowners policy assumed that the personal property in a $324,000 home would be covered to $243,000, I got some gobbledegook to the effect that it was a standard assumption and couldn't be tinkered with without raising other bundled insurance costs. Even though I pointed out that $243,000 was a totally...
Submitted May 23, 2016
can i sell my home (value at least $220,00)that is paid in full to my married daughter for a small amount of money(let's say $1000)and no tax issues for them or me.
Submitted May 14, 2016
For whatever reason I can't find a competent CPA to answer what should be an easy answer to a question I have about the exercising, holding, and selling stock options and how they impact carry over loss from prior years. Understand I am not looking for ANY tax advice I simply want a legal answer that is not subjective. Why is it so hard to find someone to answer...
Submitted Apr 14, 2016
I am a full-time student and am 19. I am currently a dependent under my mother. With that, am I able to file exemption from with-holding? I did the math and would most likely make $8,600 this year (which would be over the standard deduction). Yet, I don't know if it would be better to simply pay back money, or to have it with-held and hope for a better return? Any...
Submitted Jun 4, 2016
Submitted May 22, 2016