updates
What does the Office of Personnel Management do?
The Office of Personnel Management manages the civil service of the federal government, coordinates recruiting of new government employees, and manages th...
Category: Updates
updates
What happens to inherited pension benefits from deceased parents?
Inherited Pension Benefit Payments From Deceased Parents. Generally, the provisions in a retirement plan document determine the asset distribution options...
updates
What do I say to my sister in law who lost her mother?
Words of Sympathy for a Text or DM So sorry to hear about your Mom. If you need or want company, let me know. I’m happy to chat whenever. I wish you comfo...
updates
Why was my credit card charged twice?
The double charge that you see on your bank statement is most likely an authorization (pending charge), rather than a real charge. When making a payment b...
updates
What happens if Ira is named as beneficiary after death?
If the IRA owner died after his RBD and an estate is named as beneficiary, distributions can be taken out over the life expectancy of the deceased IRA own...
updates
Can a non-US resident buy property in the US?
Non-US citizens can buy property since there is no citizenship requirement for real estate sales. In fact, foreigners can even qualify for a mortgage if t...
updates
Can FTC get my money back?
Sometimes the FTC is able to get people all their money back. In other cases, we’re not. If that happens, the FTC gives as much money back to each buyer a...
updates
Can you set up an annuity for a child?
With the right type of annuity and strategy, you can choose to have annuity payments continue to go to his or her child or children for the remainder of t...
updates
Is Roth eligibility based on AGI?
Eligibility to contribute to a Roth IRA also depends on your overall income. The IRS sets income limits that restrict high earners. The limits are based o...
updates
Are 1099s filed with the state?
You’re not required to file Forms 1099-NEC and 1099-MISC with your state. How do I file a 1099 from another state? How to File a 1099 for a Different Stat...
updates
What does it mean when a house is short sale?
In basic terms, a “short sale” is a property the owner has to sell, but the value of the house is less than the mortgage balance. The seller can’t unload ...
updates
Is there a schedule 2 for 2019 taxes?
Beginning in tax year 2019, Tax is now listed on lines 1 and 2 of the Schedule 2. Schedule 2 Part II Other Taxes. If entries are made on Schedule 2, the f...
updates
Can you buy a house and rent it out right away?
If you are purchasing a property that you plan to rent out, you’ll be able to profit off your investment as soon as you find tenants. Then you can take th...
