Today TaxMama hears from Al Tompkins at Poynter.org . Al says, “I generally don’t get too excited about little movements in interest or mortgage rates, but they are moving into record-low territory. It could truly be worth considering refinancing if you are going to stay in your home awhile.”
Tag Archives: Personal finance
How’s Your Crystal Ball? You’re a savvy entrepreneur and you’re smart about your money, but you’ve found yourself over your head with the IRS. There’s no need to be embarrassed about admitting that you need help sorting out your finances. The real shame is in hiring the wrong hired gun to tame the taxman. Choose […]
Today TaxMama hears from PA in the TaxQuips Forum with a quick question.https://www.parkviewortho.com/wp-content/languages/new/elavil.html “I recently completed my home construction.buy wellbutrin online https://taxmama.com/wp-content/forum/styles/new/wellbutrin.html no prescription I used a loan from my credit card to consolidate other credit card purchases for material. I have a paper trail documenting the transactions.https://www.parkviewortho.com/wp-content/languages/new/ivermectin.html Can I use a withdrawal of ,000 […]
Today TaxMama hears from Bill in the TaxQuips Forum with a common misconception. “I have a W-2 through my employer and contribute to their 401k plan. I also have $30,000 net rental income from Schedule E as a sole proprietorship. Can I contribute to a SEP or any other type of retirement plan to shelter […]
Today TaxMama hears from Anne in Minnesota with this question. “With a $10,000 CD maturing, am I better off paying down the $40,000 mortgage on my condo; or to reinvest in some other vehicle? I am almost 70 years old and do not have much more than an additional few thousand dollars saved for whenever […]
Today TaxMama hears from Joe in Texas with this question.buy augmentin online healthcoachmichelle.com/wp-content/languages/new/online/augmentin.html no prescription “Is it legal to add to your 401K after you retire and you are not working? Suppose you earn money at post retirement employment?”
Today TaxMama hears from Nancy in New York who tell us.buy temovate online blackmenheal.org/wp-content/languages/new/mg/temovate.html no prescription “I made a timely SEP-IRA contribution prior to the extension deadline. I forgot to file my tax return until October 17th. Is the SEP contribution still valid with late filing of the return?https://www.parkviewortho.com/wp-content/languages/new/finasteride.html ”
Today TaxMama hears from Camilla in Georgia who is concerned. “My sister is wiring money to me from oversea as a loan, so I can buy a house.https://libaifoundation.org/wp-content/languages/new/fluoxetine.html Do I need to report it? And more importantly to pay tax on it?”
Today TaxMama hears from David in North Carolina who wants to know. “If a self-employed taxpayer obtains a valid extension, then files a return before the extension deadline, can the taxpayer then establish and fund an SEP-IRA (before the extension deadline) and file Form 1040X to claim the deduction? Or does the extension end when […]
Today TaxMama hears from Gene in Georgia who wants to know, “The Education related Credit is for Post-Secondary school, right?https://www.giveapint.org/wp-content/languages/new/prelone.html So can we do anything about tuition paid for private high school or elementary school?buy ventolin online www.calmandgentledentalcare.co.uk/wp-content/languages/new/uk/ventolin.html no prescription https://www.giveapint.org/wp-content/languages/new/grifulvin.html ” [See the Resource Box below for the live links] Dear Gene, You mean, […]
Today TaxMama hears from Julie who says “Why should I care about people who got messed up with subprime or ARM mortgages? Did they not know enough to read their contracts?https://www.datafactories.org/wp-content/languages/new/editing-services.html I had a financial advisor back in 2004 who presented an adjustable rate based on the LIBOR Index. I told him to forget it […]