news

Can you sue a Ponzi scheme?

Once Ponzi schemers are discovered, it is usually the case that the schemer has spent all or most of the money. So while you could certainly sue the Ponzi...

Published: Apr 27, 2026

updates

How do you calculate amortization?

Amortization calculation depends on the principle, the rate of interest and time period of the loan….Amortization is Calculated Using Below formula: ƥ = r...

Published: Apr 27, 2026

updates

What is an acquisition or abandonment of secured property?

A lender issues Form 1099-A, Acquisition or Abandonment of Secured Property, when they get interest in a property meant to satisfy a debt, either fully or...

Published: Apr 27, 2026

general

How do I read my ameriprise statement?

To access your annual statement, you must be registered for online access to the secure site on ameriprise.com. Log in to your account, select Documents i...

Published: Apr 27, 2026

general

How do I get old form 1098?

Call your lender’s customer service line for a replacement 1098 form. Some lenders charge fees for replacing lost forms. If you never received your 1098, ...

Published: Apr 27, 2026

news

Is there insurance for mutual funds?

Unfortunately, mutual funds—like investments in the stock market—are not insured by the Federal Deposit Insurance Corporation (FDIC) because they do not q...

Published: Apr 27, 2026

news

What is the minimum income for over 65?

Table 1-1. 2020 Filing Requirements Chart for Most Taxpayers IF your filing status is. . . AND at the end of 2020 you were*. . . THEN file a return if you...

Published: Apr 27, 2026

news

Can you withdraw from a pension plan early?

Typically you need to keep the money in the plan until you reach age 59 ½. Withdraw any of it before then and you’ll be hit with a bruising 10% early with...

Published: Apr 27, 2026

updates

What are the tax consequences to the partnership as a result of the liquidating distribution?

Liquidation of Partnership Property Provided the liquidation terminates your entire interest in the partnership, your tax basis in the distributed propert...

Published: Apr 27, 2026

news

Can US citizens travel to France right now?

Is France open to U.S. tourists? Yes, U.S. citizens can currently travel to France. On June 18, the same day that the European Council added the United St...

Published: Apr 27, 2026