Is Washington a community property state if not married?
Washington is a community property state, which means it views all property acquired during a marriage as belonging equally to both parties. As we’re not ...
Category: News
Do cars depreciate when new models come out?
So, should you buy last year’s model new car? NO! It’s still new, so it’s still going to cost a lot and depreciate at the same rate (actually faster becau...
What happened to Waddell and Reed?
Macquarie Group Completes Acquisition of Waddell & Reed Financial, Inc. NEW YORK–(BUSINESS WIRE)–Macquarie Asset Management (MAM), the asset managemen...
Who is the largest self-directed IRA custodian?
Charles Schwab is one of the largest and brokers in the US. It manages company 401(k) plans, allows retail investors to have standard accounts, and offers...
What happens to my Fidelity account if I die?
Many joint accounts are owned with the right of survivorship, which means that when one owner dies, the surviving person is the sole owner of the account....
Do I need to send 1040-V if I pay online?
Form 1040-V: Payment Voucher is a payment voucher that taxpayers send to the Internal Revenue Service (IRS) along with their tax return if they choose to ...
Do blocked messages send as text?
When you block a contact, their texts go nowhere. The person whose number you’ve blocked won’t receive any sign that their message to you was blocked; the...
Can an LLC be a W-2 employee?
A member in an LLC that provides services to the LLC (a “service member”) generally is not permitted to be treated as an employee for federal income tax p...
What income is subject to self-employment tax?
You usually must pay self-employment tax if you had net earnings from self-employment of $400 or more. Generally, the amount subject to self-employment ta...
Are management fees for investments tax deductible?
Investment management fees and financial planning fees could be taken as a miscellaneous itemized deduction on your tax return, like tax preparation fees,...
