Read Past Q&As
I am a US citizen but originally from Peru, I have money abroad and want to bring it to US so I can use it. What would be the legal way of bringing it here and do I have to pay taxes on it.
Submitted Jul 21, 2015
If a person's auto insurance coverage isn't enough to fully cover an injured party, after an accident, can and will the attorney be able to ask for the remainder to be covered by their homeowners policy?
Submitted Aug 31, 2015
Submitted Sep 2, 2015
Hello, what are different ways to fund a business? And where are all the resources located to succeed in business?
Submitted Sep 6, 2015
In a single premium whole life insurance policy where the insured has outlived the death benefit and has received the maturity value of the policy, two questions: 1. What is the character of the income portion at maturity value that exceeds initial cost, 2. how would it be taxed for federal purposes thanks for your help.
Submitted Aug 9, 2015
Hello: My husband and I are 52 yrs.old. We own our own home and have apx 90k in a 401k. Due to poor planning and medical issues in the past, we had to declare bankruptcy. We have been successfully released from our bankruptcy this month and are adamant about not repeating our past money mistakes. For the first time in our 26 years together, we want to establish a...
Submitted Aug 25, 2015
My wife and I have a personal loan at our credit union at a 10.75% interest rate for three years. We're about 8 months in to our loan. We're looking to refinance for a lower rate. Is it worth extending the loan to another three years if the interest rate and monthly payments are lowered or should we keep the current loan to pay it off faster? My wife wants to pay it...
Submitted Aug 20, 2015
I received a spinoff from a stock I own. If I sell the spinoff stock and hold the full amount of the original stock I purchased what are my Federal Tax consequences, or how do I determine what tax I owe if any? Thanks, John
Submitted Aug 17, 2015
My auto insurance policy will lapse for non payment. If I get insurance from a different company prior to my current policy being cancelled, will my premium go up eventually because of the previous insurance being cancelled for non payment?
Submitted Aug 11, 2015
Submitted Aug 23, 2015