Member Since September 2, 2008 , From Binghamton, United States
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Answered: Investing policy

CD's are an entirely different investment than mutual funds or stocks. A CD would be appropriate in this instance, but mf or stocks are generally considered to be a long-term investment, so may not ...

Answered: How to get disabilty and still be working?

Actually, there is a program called "Ticket to Work" that works through VESID to help disabled workers get training and a job that may eventually replace all or part of their disability check. To do ...

Answered: Brother dies has not made a house payment in 3 ...

How has this house not been foreclosed on? Even if your brother left you the house, whoever holds the mortgage actually owns it, and his estate is responsible for paying any of his debts before any ...

Answered: How is unemployment benefits calculated? I ...

It is based on the 52 weeks prior to your filing. The length of time you receive benefits depends on how many weeks you worked and whether it was full or part time. Check on your state's labor dept ...

Answered: How to determine whether an IRA rollover to ...

The money in a rollover IRA retains the same character as it had in the original IRA. If it was tax deductible money that was put in the IRA, it's considered qualified. If there was no tax deduction ...

Answered: What to ask a cpa when you hit the lottery?

The CPA can handle the tax aspects and should be able to advise you on the best tax-saving strategies going forward. You should also be talking to an estate planning attorney and a financial advisor ...

Answered: Lost guy wants to start his own business...doesn't ...

I disagree with Rob on the "S Corp" it is not of much tax advantage unless you're making a lot of money (and that tax break may be taken away very soon). You can get the same legal protection with an ...

Answered: Restructured business loan

Yes, but ..... you may be able to make it go away by using form 928 (?) to reduce tax attributes (NOL's, depreciable basis of assets, etc). It can also be cancelled out if you are insolvent. Talk to ...

Answered: How much do people make working at a call center?

It depends on what kind of call center it is - customer service, tech support, collections, telemarketing, etc. - and where in the country it's located. Here in upstate NY the positions range from ...

Answered: Cash Gifts without giving cash...

No you don't report it on your 1040. If you give each of them (or pay off bills on their behalf totaling) more than $13,000 for each of them (total $26,000) you will have to file a separate gift tax ...

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