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Academix
0 Votes
1 Answer
1697 Views

Should Realtors receive a fee for promoting home warranty policies to homeowners?

Jul 7, 2011 by Academix Follow Answer
Category: Real Estate
Telecom Advisor
0 Votes
1 Answer
1650 Views

Is Alan Greenspan responsible for the current financial crisis?

Jul 5, 2011 by Telecom Advisor Follow Answer
Category: Personal Finance
Bogie Boric
0 Votes
1 Answer
2084 Views

How would you close this Balance Sheet (B/S) asset on the Final Return for S-Corp?
Cost: 60K – Depreciation 32K = Book Value 28K

Auto Loan (Liability) – 22K

Auto was sold to the shareholder (S/H) for 45K (FMV).

How would you 1) zero-out this B/S item on S-Corp return, 2) where are proceeds flowing and 3) how would you show that S/H had assumed this liability (if needed)?

Feb 1, 2011 by Bogie Boric Follow Answer
Category: Tax Planning
Telecom Advisor
0 Votes
1 Answer
1744 Views

What year-end tax planning strategies (for individuals and small business) would you implement this year?

Dec 28, 2009 by Telecom Advisor Follow Answer
Category: Tax Planning
Goldfish
0 Votes
1 Answer
1703 Views

Can you explain when one is responsible for others debt in death and when he/she is not? Does it depend on your relationship, i.e. spouse or parent, or type of debt? I'm so foggy on this issue and think it is important because I have heard that creditors will get you to pay if they know they can

Dec 12, 2009 by Goldfish Follow Answer
Category: Personal Finance
Kristina Milano
0 Votes
1 Answer
1612 Views

What's the best way to get a personal loan for someone who has bad credit or Identity Theft?

Jun 25, 2009 by Kristina Milano Follow Answer
Category: Credit Repair
Randy Shoemaker
0 Votes
1 Answer
2017 Views

What is “Double-Cycle Billing” practice used by credit card companies?

May 18, 2009 by Randy Shoemaker Follow Answer
Category: Personal Finance
GraceHannigan
0 Votes
1 Answer
1633 Views

What are the most effective mortgage saving tips now?

Apr 23, 2009 by GraceHannigan Follow Answer
Category: Real Estate
Academix
0 Votes
1 Answer
1962 Views

What are the tax benefits of the new stimulus package?

Mar 9, 2009 by Academix Follow Answer
Category: Tax Planning
Trajce Panov
0 Votes
1 Answer
1812 Views

What is the amount of Advanced Learn Burn Technology tax credit that I can claim for purchasing 2009 Jetta 2.0L TDI?

Feb 3, 2009 by Trajce Panov Follow Answer
Category: Tax Planning
Call America
0 Votes
1 Answer
3221 Views

What is Recovery Rebate Credit?

Jan 28, 2009 by Call America Follow Answer
Category: Tax Planning
Delta Grant
0 Votes
1 Answer
1691 Views

What expenses are deductable when it come to my dog?

Jan 15, 2009 by Delta Grant Follow Answer
Category: Tax Planning
Aqua Air Enterprises
0 Votes
1 Answer
4472 Views

What are mortgage (origination) points?

Jan 15, 2009 by Aqua Air Enterprises Follow Answer
Category: Home Loans
Academix
0 Votes
1 Answer
7036 Views

Rental House - Gift vs Inheritance.

My mother has a rental house for 23 years and now she wants to give it to me . What is the tax consequence? How can we avoid paying tax?

My friend suggested that my mother just leave the house to me in her will since it will be an inheritance the basic will be FMV at that time and I won't have to deal with the past rental. Is this true?

Jan 13, 2009 by Academix Follow Answer
Category: Tax Planning
Kids' Directories
0 Votes
1 Answer
4155 Views

I'm leaving an employer, and have paid most of my deductible for 2009 already. If I switch to COBRA, does my deductible reset? Or is it a continuation of my original policy, and I have already satisfied the deductible requirements?

Jan 13, 2009 by Kids' Directories Follow Answer
Category: Insurance

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