Tax Breaks for the Rich – MarketWatch
are painfully aware that many valuable tax breaks are phased-out (reduced or
eliminated) as income climbs up the ladder.
Brain: Deducting taxes and mortgage interest on home purchased to help adult
children - NJ
Last year, my son and daughter-in-law tried to purchase a house, but their loan
application was not approved. I then took out an equity loan on my house and in
August I bought the house they wanted. They now live there and pay all the
taxes, plus reimburse me for the mortgage payment. I am wondering how this
works with my taxes, as I make no profit at all on this. Can I claim either the
interest on the loan or the taxes paid?
Tax Deadline You’re Forgetting – The Motley Fool
If you turned 70-1/2 years old in 2013, you have a critical
tax deadline coming up. April 1 is the deadline for people who turned 70-1/2 to
take their first annual required minimum distribution from their Traditional
IRAs and 401(k)s. Typically you're supposed to take it by Dec. 31 of the year
you turn 70-1/2, but the deadline is extended to April 1 for the first year.
2 Biggest Pay Mistakes You’re Making—And How to Avoid Them – Inc
You have your great idea, business plan and some seed
capital from friends and family; now you are ready to build out your team. At
this critical stage, often over-looked are the various rules governing the
employment relationship, especially around compensation. This oversight then
comes back to haunt you when potential investors are kicking the proverbial
tires during your first major capital raise and they want your company to make
representations and warranties regarding the company’s compliance with various
compensation and employment laws.
Ways for Women to Make Smarter Money Decisions – LadyLux
It's been several decades since women needed the permission
of a father or husband to get a mortgage, or she went to college just to get
her MRS degree. These days, women are getting married later in life, if at all,
and they’re developing strategies to make the most of their finances.