Read Past Q&As
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
If the owner of a corporation becomes disabled and continues to recieve an income even if he cannot work, what consequences can come from this arrangement ?
Submitted Nov 14, 2014
I have a second mortgage that I would like to pay off faster it is high rate of interest. I been putting extra money on the principal and making bi weekly payment. Is there anything else I can do to pay this loan off faster?
Submitted Nov 30, 2014
Hi, I am a wife of 33 years going thru divorce. I have received loads of financial info from lawyers. I need an expert to go thru these docs and analyze several activities going on within the stock options account from my husbands employer. What is the best way to find a good reliable certified accountant and what is the avg cost associated with such services?
Submitted Dec 6, 2014
I have a debt on credit cards of about 42000 caused by repairs on my 2nd home. I sold that property and do not know if I should pay the debt or invest the money. I would like to keep my credit score because it is good. I have always paid on time. But some of the cards have 15.24, 16.00, 11.90,8.90, and 2.99 (for life) percent. I am afraid that I would pay my debts...
Submitted Dec 11, 2014