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Will disability benefits pay my mortgage?
Can disability benefits count towards a mortgage? Mortgage lenders will make a calculation on the maximum amount you can borrow based on your annual incom...
Category: General
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Does the IRS know everything?
The Short Answer: Yes. The IRS probably already knows about many of your financial accounts, and the IRS can get information on how much is there. But, in...
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HOW DO points work with a timeshare?
Timeshare points are similar to currency. Based on the frequency of your ownership (annual, biennial, biannual etc.), you get a number of points to use fo...
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Which states can wages not be garnished?
If a state law is less restrictive, the federal law prevails. While all states allow wage garnishment for child support and unpaid state taxes, four state...
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Does retirement come out of severance pay?
While the specifics vary, the heart of an early retirement package is invariably a severance payment comprising weeks, months, or even years of wages. Tha...
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Can an employer get away with not paying you?
It is illegal for California employers to pay employees less than the minimum wage. If your employer violates minimum wage laws, you can recover the money...
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Does forgiveness require an apology first?
Again, forgiveness is an internal act of releasing anger, frustration, disappointment, and resentment. That’s why an apology isn’t necessary in order to p...
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How do you complete a SAR?
SARs Reporting in the US Generally, in order to complete a SAR, employees must fill in an online form, citing various relevant factors, such as transactio...
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Are commercial fishermen self-employed?
Self-Employed Status A fisherman is considered self-employed (and not an employee) and required to pay SE tax if he/she meets the following conditions: Re...
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Which commodity future is best?
The top five futures include crude oil, corn, natural gas, soybeans, and wheat. What is commodity future and option? A commodity futures contract is an ag...
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Can an annuity be in the name of a trust?
While annuities are contracts between an insurance company and a living person, ownership of the annuity can be put into a trust if it suits the needs and...
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How do you find out what I paid the IRS?
You can access your federal tax account through a secure login at Once in your account, you can view the amount you owe along with details of your balance...
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What payments are reported on 1042?
FDAP-type income payments include interest, dividends, rent, salaries, wages, premiums, annuities, compensation, remunerations, emoluments, or certain oth...
