Are labor board settlements taxable?
Because the entire settlement — including attorneys’ fees — will generally be income to the claimant, the full amount must be reported as paid to the clai...
Are closing costs tax deductible on rental property?
Only loan interest and real estate taxes are deductible closing costs for a rental property. Other settlement fees and closing costs for buying the proper...
Do you have to give evidence in family court?
Once a person has submitted a witness statement to the court, they need to be prepared to give evidence to the court in person if this is required. This i...
What makes you a MA resident?
A resident is a person who maintains a permanent place of abode in Massachusetts and spends more than 183 days of the taxable year in Massachusetts. Can y...
What do you do when you volunteer at church?
They may be responsible for repairing the choir robes or pew cushions, polishing wood or metal within the building, cleaning the windows or maintaining th...
Can my new wife get my pension?
A pension earned during marriage is generally considered to be a joint asset of both spouses. Most retirement plans will pay pension benefits directly to ...
Do you have to pay tax on digital downloads?
California – Digital products are tax exempt in California. The “sale of electronic data products such as software, data, digital books (eBooks), mobile a...
Can you move an IRA to a trust?
You cannot put your individual retirement account (IRA) in a trust while you are living. You can state a trust beneficiary of your IRA and dictate how the...
Is Alaska good for retirement?
Alaska is very tax-friendly for retirees. In fact, it’s tax-friendly for everyone. There is no state income tax in Alaska. In some municipalities, however...
Is CLEP for college students?
The College-Level Examination Program® (CLEP) helps you receive college credit for what you already know, for a fraction of the cost of a college course. ...
