by mariettacp | Jun 17, 2014 | Money Tips
When is an IRA not a “retirement” account? The U.S. Supreme Court answered that riddle today and resolved a key question that has lingered for nearly a decade: Are funds in an inherited IRA protected in bankruptcy? The answer was a unanimous, “No.” In an opinion with...
by mariettacp | Jun 16, 2014 | Money Tips
IR-2014-53, April 14, 2014 WASHINGTON — As the 2014 filing season nears an end, the Internal Revenue Service today issued another strong warning for consumers to guard against sophisticated and aggressive phone scams targeting taxpayers, including recent immigrants,...
by mariettacp | May 12, 2014 | Money Tips
As you investigate opportunities for managing your investment portfolio in 2014, remember to pause and plan for the effect of tax laws. Here are some important rules to consider. Capital gain tax rates. For 2014, the tax rate you’ll pay on gains from sales of...
by mariettacp | May 9, 2014 | Money Tips
One of the first decisions you face as a new business owner is whether or not to incorporate the business. The biggest advantage of incorporating is limitation of your liability. Your responsibility for debts and other liabilities incurred by a corporation is...
by mariettacp | May 8, 2014 | Money Tips
Social Security Account Fraud is on the rise now that Social Security is online. In the most recent scam, identity thieves obtain the personal information of Social Security beneficiaries and use that information to attempt to open a ‘my Social Security’ account on...
