3 months, 1 week ago
Unemployed, but the nest egg is large. Is it unethical to get public assistance?
When the sale of a house brings a cash windfall to an elderly person, questions arise about what to do with the money. However, there’s no reason to pass up the tax credits that help reduce the cost of health insurance purchased through Affordable Care Act exchanges. Answer: If you’re in a high tax bracket — roughly 32% or higher — the lower interest rates paid on municipal bonds can still give you a good-enough return to make buying them worthwhile. A first paycheck means getting to know Uncle Sam Dear Liz: My recently-graduated child got a job and he will be given a 1099 tax form for his earnings. Your son won’t have taxes withheld from his earnings, so he’ll likely need to make quarterly estimated tax payments to avoid penalties.
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