Search Results for: tax obligation
Mommy’s Little Tax Deduction (What You Need To Know to File)
For so many mothers, the words tax and return fill them with absolute dread every spring. Even Albert Einstein joked: The hardest thing in the world to understand is the income tax.Though, with all due respect to the guy who developed the theory of relativity, Ive got to disagree on that one.
Do I Have to Pay Taxes on the Money My Grandmother Gives Me to Help With Her Care?
Getting her coffee and answering her mail may only be the beginning of the work you do for your grandmother. If you have a regular schedule with your grandmother, wherein you care for her and take care of her household and personal needs, she may feel compelled to pay you. If you’re wondering if you have to pay taxes on the money she gives you, take into consideration the intent and amount of money you will be getting.
How to Buy Wholesale Diamond Jewelry
True wholesale diamond prices are not generally offered to the public, according to the PriceScope website. Diamond wholesale vendors work with jewelry retailers, providing products for the retailer to sell to customers. In general, wholesale prices are low enough for the retailer to include his mark-up to the public, yet high enough for the wholesaler to make a profit. Understanding the process of purchasing wholesale diamonds will help streamline your business and your bottom line.
How to Handle Your Finances in a Divorce: A Financial Advisor’s Guide
Divorce is one of those uncomfortable words that, when entering a blissful marriage, we hope never applies to us. But you and I both know that, unfortunately, divorce happens—a lot. It can be one of the most emotionally and financially challenging experiences in life.
10 Things You Should Do Before You Discuss Divorce With Your Spouse
While you may have come to the conclusion that your marriage is over and you are eager to announce your decision, we recommend that you take the following steps before “crossing the rubicon” and telling your spouse that you want a divorce. Knowledge is power and it is important for you to be fully informed…