Read Past Q&As
Do insurance companies routinely notify tax agencies of beneficiary payments? Right away? Prior to payment?
Submitted Apr 1, 2015
Submitted Mar 29, 2015
I am 52 years old and was collecting ssi benefits but when my review came up they said im not eligible anymore because I have a life insurance policy with a 3600 dollar value and it exceeds the 2000 dollar limit of any asset I have but even though the policy is in my name my mother took it out years ago just in case anything happened to me she could bury me . she...
Submitted Mar 24, 2015
Hello my daughter is 11 her father died 2014 he was 62 years old iam receiveing survivor benefits but wanted to know with the help of an attorney could i get an advance of 10,000 dollars or more on that account since the money is there
Submitted Mar 28, 2015
I am a realtor, have a senior client who is a naturalized US citizen. He want to sell his properties in Trinidad & Tobago and wants to know how to place his money under$1 milion US$ here,so that taxes will be minimal and what tax bracket will he expect since he is a senior?
Submitted Mar 17, 2015
we need $50000 to renovate our house. should we borrow from 401k at 1,8% or refinance w/ bank at 4%? bank is 15 year loan 401k is 5year loan. I am 57 and would like to retire in 5 years.
Submitted Mar 25, 2015
I am retired from California State Teachers am over 65 and am now a resident of south dakota (no state tax). But I am a full time RVer and work short term contracts in other states (Florida and California). What are my state tax obligations and to where?
Submitted Mar 15, 2015
This is the first year I will l be filing my taxes separately. The ex says he should be able to deduct the payments he made for the bills (house payments, insurance and such) connected with the property I was living in prior to the divorce being finalized. Is that the case?
Submitted Mar 22, 2015
Submitted Mar 12, 2015
I have a child that will be entering college in the fall. I have other children 16 and 12 respectively. I have taken out (on 2/18/15) all of the Coverdell money from each of their accounts. I have opened up one 529 for my college bound child. I want to combine the money from the 12 year old and put it in the 18 yr. old's 529. Can I do this without paying a penalty....
Submitted Mar 12, 2015