Home » Personal Finance » Page 4
Entering the stock market in a poor economy
Personal Finance
I'm sitting on a reasonable pile of cash, earning negligible interest in a bank savings account. After determining that I can live without this money for 5-10 years, I decided it would be best put into an index mutual fund.However, I can't get myself to pull the trigger. With the poor economic forecast in many countries right now (including my own country, the US) most investors believe the mark

Is Tax Audit Protection insurance worth the money?
Personal Finance
TurbaTax is offering me Tax Audit protection for $49.95. If my tax return is randomly selected for audit they will represent me. Is this service worth the money?

Identifying "Dividend Stocks"
Personal Finance
Can anyone point me towards some information on investing in dividend stocks, and how to identify good companies? Are there any metrics? I am fairly illiterate when it comes to finance and stocks, but I do have a portfolio composed of mainly growth stocks. I'd like to re-invest some of the earnings I've realized into "safer" areas - like dividend stocks and/or ETFs.

Which tax year does a bonus fall under in Ireland?
Personal Finance
Based on my work in 2012, my company pays me a bonus in January 2013. Should the bonus be taxed as part of 2012 income, or part of 2013 income?

U.S. Taxes: Can you deduct or depreciate equipment that was both bought and sold in the same year?
Personal Finance
Assume there is equipment used for a for profit endeavor that will be deducted from earnings.That equipment is also sold in the same year, for less than or equal to the purchase price.How does this affect the deduction, and/or depreciating of assets for federal tax purposes?Citations welcome.

Changed from job that had a 401K, and the new one doesn't. How do I answer when filing?
Personal Finance
There is a question on the tax form when filing that asks "eligible to participate in a 401K plan at work?" [Yes/No]. I contributed to my 401k up until March. I then took a new job that does not offer a 401K, and rolled mine into an IRA. I've now made 2,000 in contributions to my IRA and 2,200 to my Roth IRA.How do I answer that question on the form (which impacts whether or not my IRA contribu

Did basically all mutual funds have a significant crash in 2008?
Personal Finance
I am interested in starting a Roth sometime in the near future, but I'm worried about an economic downturn like 2008 eating up a lot of my savings at some point in my life. Did most mutual funds take big hits in 2008? Could someone provide some data of mutual funds that did/did not take big hits during 2008? Or how do I find this data myself?I am 24, less than a year at my first job. I am in the 1

Does a restaurant have to pay tax on a discount?
Personal Finance
I have a coupon which gives me 25% discount in a restaurant. Does the restaurant pay tax (and therefore should they charge me tax) on the full amount, pre-discount, or the amount after the discount?If it makes any difference the coupon came in a book of coupons which I paid a nominal sum for.

How is money in a Roth IRA classified as either "earnings" or "contribution" (basis)?
Personal Finance
I have heard that if you withdraw money from your Roth early, there is no penalty or tax as long as it is a "contribution". However "earnings" cannot be withdrawn early without paying tax and 10% penalty. When I put money into my Roth how will it be classified as earnings or a contribution?

Should I deduct or capitalize the cost to replace a water heater in my rental property? (details Below)
Personal Finance
Recently had a water heater die in my rental property and it had to be replaced with a new one.Here are the specifics:Old water heater that was in the unit when I bought it.The property was occupied by tenants at the time it was replaced.During the replacement I also had the plumber fix two safety issues the home inspector identified related to the water heater (install a power/water cutoff at uni

Privacy Policy - Copyrights Notice - Feedback - Report Violation - RSS 2017 © bighow.org All Rights Reserved .