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Hello! I will be completing the FAFSA early next year (2012)for my daughter who will be attending college that fall. I am trying to maximize my chances in receiving college grant money from either the federal or state. My question is this: I have a Credit Union savings account in her name. Should I transfer that money to my account for purposes of FAFSA? I am...
Submitted Feb 16, 2011
I have only 2 credit cards with balances of $300 and $400 respectively. The credit lines are $800 and $650, respectively. I would like to pay them off and keep them open in case of an emergency. How could not using the credit card affect my line of credit?
Submitted Feb 15, 2011
Our small church has a fund for emergencies and annual giving from income. It amounts to about $400,000. What is the difference between a full audit and an annual review? For 15 years we have been paying a CPA for a review of our investment and savings records. Is it important to have a higher level of CPA inspection than this review? We are paying $1,000 per...
Submitted Feb 15, 2011
My car loan rate is 7.50% My line of credit rate is 4.91 %(! I owe 11,000 on the vehicle , should I pay the vehicle off with the line of credit ?
Submitted Feb 15, 2011
I took a 6-month position this year as a W-2 contractor and temporarily relocated to another state. Can I claim business expenses on schedule C for the travel to and from the location (MA to NM).
Submitted Feb 12, 2011
I have a whole life insurance policy with approx $130,000 death benefit. Currently it has a $45,000 cash value and monthly payments of $78/month. I am 64 years old, consider myself in good health, and I''m trying to determine if I should cash it or continue to pay. What factors should I look at?
Submitted Feb 12, 2011
I am getting ready to retire and I will receive a lump-sum payout from my employer in addition to my monthly pension. What is my best investment option in an IRA where I can still access some or even all of my money at any given time? Indexed annuity? Fixed or variable annuity?
Submitted Feb 11, 2011
RE: Charitible deduction If deduction is not claimed in year donated (2006) can the deduction be claimed for next year? If so, is it too late to file amended return? Thanks
Submitted Feb 11, 2011
How do I locate an hourly bookeeper to help me sort out & pay my personal bill and most importantly help me set-up and maintain a budget.
Submitted Feb 9, 2011
I am recently unemployed and am considering filing for bankruptcy. I currently owe 15,000 and have two mortgages for the home I live in and an investment fourplex that pays itself. I feel overwhelmed with the calls my only source of income is $1,100 I receive for childsupport for my three kids and recently rented a bedroom for $425 in my home. what do you suggest I...
Submitted Feb 8, 2011

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