Read Past Q&As
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
Submitted May 23, 2016
I have my son's college education fully funded with a 529 plan and he will not qualify for financial aid based on my income. However, his academic performance has not been great, and I want him to have some skin in the game by paying for his next semester. If he gets a certain GPA, I will pay off the loan. What is the best way for him to get a loan in his name,...
Submitted May 31, 2016
I currently have an HSA through my work. I know that money is pre taxed money. If I create extra income during the year and put it in the HSA, for medical purposes, does that money become a tax deduction at the end of the year?
Submitted Jun 1, 2016
I am the executrix of my mother's will. Her only assets were 3 life insurance policy's and an annuity. The beneficiaries were listed as my siblings (by name). Do I have to disclose to my brother who the beneficiaries were; or can I just send him his portion as specified in the will. In fact, do I even have to tell him the name of the life insurance company?
Submitted May 20, 2016
I had a single person motorcycle accident and I broke my leg. I am an RN, and cannot work for an extended period of time now. I have full coverage, but no PIP as my policy reads (it is not available in Mississippi) can I seek wage compensation under my bodily injury portion?
Submitted May 17, 2016
My husband and I are retiring this year June and July. I am going to be 66 (full retirement age) in August, 2016. He will be 62 when he retires. I plan on taking my social security (lower of the two). My husband will suspend his social security until 70. Can he take half of my social security as the spouse?
Submitted May 16, 2016