updates
How long does it take for a man to move on after divorce?
Psychologists suggest that it takes an average of one year for every five to seven years of marriage to get over a divorce. It stands to reason that the l...
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news
Does marriage affect disability income?
Social Security Disability Insurance (SSDI) To receive SSDI, you have to fit the Social Security Administration’s (SSA’s) definition of disability, but yo...
general
Are earnings on excess Roth IRA contributions taxable?
In general, if the excess contributions for a year are not withdrawn by the date your return for the year is due (including extensions), you are subject t...
updates
Is it hard to sell a house while living in it?
Your situation isn’t uncommon, and staging a house while living in it is completely doable, even with kids and pets. Still, if you’re set on not rearrangi...
general
Is MHN the same as healthnet?
Managed Health Network, LLC (MHN) is a subsidiary of Health Net, Inc. The MHN family of companies includes Managed Health Network (CA), and MHN Services, ...
updates
Can J1 visa holders work part time?
Students studying in the US under a J1 visa are immediately eligible for on campus employment. You must maintain valid J1 status; you may not displace (ta...
news
What happens if you go over the 403b limit?
The law requires that a 403(b) contract or custodial account may not exceed the current calendar year’s 402(g) limit. For a 403(b) plan, this means that a...
general
Does Michigan and Ohio have a reciprocal tax agreement?
Ohio has reciprocity agreements with Indiana, Kentucky, Michigan, Pennsylvania and West Virginia. Under this agreement, the income earned in these states ...
news
Can you withdraw and contribute to an RRSP in the same year?
You can continue to contribute to your RRSP or PRPP or both and deduct your contributions from your income on your Income Tax and Benefit Return after you...
general
Is a joint checking account considered a gift?
Similarly, there is no gift when a newly created joint account is funded by only one of the account holders. “A gift is not income to the recipient and is...
general
What kind of trust is a testamentary trust?
A testamentary trust is a trust that is established in accordance with the instructions contained in a last will and testament. A will could have more tha...
updates
Who lived in Nova Scotia first?
History. The first peoples in what is now Nova Scotia were the Mi’kmaq, who belonged to a wider coalition known as the Wabanaki Confederacy, whose members...
general
Do you pay taxes on a house sold in a trust?
The proceeds from the sale of a home within an irrevocable trust typically stay within the trust, and the trust itself owes the resulting capital gains ta...
