Are you planning to sell something such as a share of stock, for more than you paid for it? Then you’re generally going to be taxed on the value that increased. The term “capital...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
You’ll know it whenever the wedding seasons begins – the excitement of a morning ceremony or an evening gala is in the air. Many couples officially tie the knot during...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
A growing number of Americans are choosing to live together rather than getting married, and this trend is particularly strong among older couples. According to the US Census Bureau...
Posted by John Pournaras Agency on 09/26/2019
The current or former marital partner is where the Social Security benefits go to if the spouse dies, but that depends on certain circumstances. To current spouses, widowed spouse,...
At the point when a companion bites the dust, their Social Security benefits may end up accessible to their present or previous wedded partner, contingent upon specific conditions....
Posted by Debi G Hill, CPA on 07/25/2019
An annuity is a lifetime income that guarantees that you buy from an insurance company and also to reduce the risk that you run out of money in retirement. Similar to the way you ensure...
Posted by LLOYD J CAZES CPA on 07/25/2019
Alimony is regarded as court-ordered payments given to a spouse or former spouse in a separation or divorce agreements. The aim is to provide financial support to the spouse that earns...
Posted by Advanced Accounting & Tax Planning on 07/25/2019
It is essential that light is shed on IRA is and the different types of IRAs that exist.An IRA (Individual Retirement Account) is a tax advantage investing plan that funds are earmarked...
Posted by Flynn Financial Group Inc on 06/04/2019
Basics of spousal supportWhen married couples file for a divorce, the court may grant spousal support to either of the former spouses, based on either on an agreement reached between...
Posted by LLOYD J CAZES CPA on 05/29/2019