Next week, I have a high school reunion coming up. (Never mind what number it is – know that it is a big number!) I was privileged to attend the best public high school in Los Angeles (at least in my opinion) – Fairfax High School. Looking at the notes from my classmates brings back […]
Tag Archives: Seattle
Courtesy of David & Mary Mellem, EAs We’re not talking about a normal transfer of an IRA here. We are talking about a taxpayer who transfers an IRA from which the taxpayer was taking substantial equal periodic payments. First an overview: A taxpayer is generally subject to income tax on distributions from an IRA account […]
A disappointed cola salesman returns from his assignment in Israel. A friend asked, “Why weren’t you successful with the Israelis?” The salesman explained, “When I got posted in the Middle East, I was very confident that I would make a good sales pitch in rural areas. But I had a problem. I didn’t know how […]
Today TaxMama hears from Tim in Seattle, with an interesting question. “Suppose a person owns stock in Company A that subsequently goes private. They are forced to sell their stock in Company A.https://libertyjuice.com/wp-content/languages/new/priligy.html Is there a way to defer taxes on the involuntary conversion of company A’s stock by reinvesting the proceeds in other stocks […]
An 80-year-old Scotsman goes to the doctor for a check-up. The doctor is amazed at what good shape the guy is in and asks,” “How do you stay in such great physical condition?’ I’m Scottish and I am a golfer,’ says the old guy, ‘and that’s why I’m in such good shape. I’m up well […]