Are renovations an expense?
A current expense is one that generally reoccurs after a short period. For example, the cost of painting the exterior of a wooden property is a current ex...
Published: Apr 19, 2026
Will open enrollment be extended 2021?
In most states, it’s slated to end December 15, 2021 (although the Biden administration may opt to extend this), but some states will have later deadlines...
Published: Apr 19, 2026
Is K-1 required if no income?
Yes, you need to include Form K-1 to your tax return, even if there is no income. The loss form the partnership can offset your other income. Is a Schedul...
Published: Apr 19, 2026
How much money can you have in the bank if your on Social Security?
WHAT IS THE RESOURCE LIMIT? The limit for countable resources is $2,000 for an individual and $3,000 for a couple. Does Social Security have an asset limi...
Published: Apr 19, 2026
Can you fly friends with a private pilot license?
With this license, pilots are usually only allowed to fly aircraft with one passenger. They are not given the same privileges that come with the Private P...
Published: Apr 19, 2026
What to write if someone has passed away?
Condolences “We are so sorry for your loss.” “I’m going to miss her, too.” “I hope you feel surrounded by much love.” “Sharing in your sadness as you reme...
Published: Apr 18, 2026
Do you need a formal separation agreement?
Yes, it is mandatory. Each party must obtain independent legal advice prior to signing a separation agreement. You also cannot use the same lawyer and sho...
Published: Apr 18, 2026
Are retired people on a fixed income?
Once someone retires, they may have limited financial resources. Even with a nice retirement fund built up over the years, care must be taken to manage to...
Published: Apr 18, 2026
Is GLD taxed at 28%?
For these purposes, gains recognized by an individual upon the sale of GLD shares held for more than one year, or attributable to the Trust’s sale of any ...
Published: Apr 18, 2026
Can you divorce someone for being an alcoholic?
If you’re divorcing someone because of alcoholism or substance abuse problems, it may change the course not only of how the divorce proceeds, but it can a...
Published: Apr 18, 2026
