When was the last time you had a divorce?
Most experts agree that a recent divorce is one that happened within the last year or two. Divorces, like men, come in all shapes, sizes, and situations. ...
Category: Updates
Can mental illness cause physical problems?
So if you’re experiencing unexplained aches and pains, it might be linked to your mental health. According to Carla Manley, PhD, a clinical psychologist a...
Can exes get back together after 5 years?
It is possible to get back together with an ex if you both make sure that you have moved on from the problems that caused you to break up in the first pla...
When can you start receiving payments from an annuity?
When You Start Receiving Payments Annuities by Payment Types Payments begin Immediate Annuity (Income Annuity) Within a year of purchase Deferred Annuity ...
Why do investors prefer C Corp?
Investor-Friendly Taxation Unlike other business structures, C corporation shareholders only have to pay taxes when they receive dividends from the compan...
What is the penalty for taking money out of a mutual fund?
Under the federal tax code, you make an early withdrawal if you sell your shares and access funds before age 59 1/2. In these instances, you typically pay...
Can you convert deferred compensation to Roth IRA?
To convert a 409(A) deferred compensation fund to a Roth, you’d have to withdraw the money, pay taxes on it, open a Roth IRA, and deposit to the maximum. ...
How to report disposition of SEC 179 s-Corp property?
Throughout six years, S-Corp bought… Throughout six years, S-Corp bought business property (mostly tools), passing sec 179 deductions to shareholders. S-C...
How do you resolve complex issues?
Here are seven-steps for an effective problem-solving process. Identify the issues. Be clear about what the problem is. Understand everyone’s interests. L...
Should both spouses claim 2 on w4?
When both spouses check the box, the higher tax rate applies earlier — which means more money is withheld, minimizing the chance of a tax bill, he explain...
