Read Past Q&As
What is the best way to pay off credit cards when u have at least 2 or 3 different int rates on 1 card for balance trnsfrs, cash advances, and purchases? I have quite a few of these and some credit cards with only 1 int rate. I feel like I am going in circles. Pay off low balances, pay off higher int rates, pay off low balances with high int rates, etc. I need help....
Submitted Jan 1, 2015
What factors should be considered to change from an S Corp to a C Corp? Is it possible to make the change retro active for 2014?
Submitted Dec 27, 2014
Last year I had to take money out of my IRA account to pay my medical bills, premiums, etc. Then my adult son had an accident and became disabled and unemployed. I don't have to tell you any more.....it was catastrophic! I had to pay a 17,000 tax bill.I had to take that money out of my IRA. I am employed as a dental assistant and make 40,000 yr with no benefits. I...
Submitted Dec 28, 2014
Husband died in July 2014, and I'll file a joint return. Before the year ends, is there anything specific I should expense out that may be deducted, other than prop tx, medical exp, mortgage interest, charity?
Submitted Dec 28, 2014
Hello - My parents own a home and my mother has just qualified for Medicaid. Can they refinance and cash out? will the cash out affect my mother's medicaid eligibility? Thanks.
Submitted Dec 25, 2014
last june of 2013 we had are master bedroom damaged from sewer backup from the toilet. Adjuster came and we recieved a check from guideone insurance for 2900 dollars. To make a long story short i used my own money to repair room, saved all my reciepts. My question is can i get remibursed from insurance company if i provide proof with reciepts.
Submitted Dec 13, 2014
Greetings, I have a Solo 401K set-up for my business. I have only (1) PART-TIME employee who works less than 1000 hours a year and has NOT elected to participate in any income deferrals. My question is: If I wanted to do a "Profit Sharing" contribution of 25% of my annual compensation, do I also need to include the part time employee in the profit...
Submitted Dec 6, 2014
My father recently passed away. He lives in Illinois, I live in Iowa. He had life insurance policies that are approximately 45,000 to 50,000 in value. Will I have to pay taxes on any monies that I receive from his estate?
Submitted Dec 2, 2014
My father passed away in 1998. He was a retired veteran of 21 years. My mother never collected social security from him and remarried 10 yrs later. Can she collect for years she didn't prior to marriage? I have been told that dependent should have received money from the military as well. We received nothing and his pension and retirement stopped when he passed. Is...
Submitted Oct 3, 2014