local updates
What happens to civil service pension if I die?
In the event of a member’s death, we will pay a pension to their widow, widower or surviving civil partner. If the member was in classic, we will pay the ...
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technology insights
Can a family member live in our second home and pay expenses?
Yes. You have no rental activity to report. You may continue to deduct real estate taxes and mortgage interest, on schedule A (itemized deductions), for y...
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local updates
How do I cope with the death of my wife?
Here are some ideas to keep in mind: Take care of yourself. Grief can be hard on your health. Try to eat right. Some widowed people lose interest in cooki...
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health
What is the difference between 1099-SA and 5498-SA?
IRS form 1099-SA shows the amount of money you spent from your HSA during the tax year. IRS form 5498-SA shows the amount of money deposited into your HSA...
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business
What does DD on W-2 mean?
employer-sponsored health coverage plan Box 12 amounts with the code DD signify the total cost of what you and your employer paid for your employer-sponso...
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science
What is an order of separate support and maintenance?
A “separate maintenance” case addresses all the same issues involved in a divorce, except the parties do not actually get divorced. At the end of the case...
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technology insights
Does US work authorization include OPT?
Optional practical training is one type of work permission available for eligible F-1 students. It allows students to get real-world work experience relat...
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local updates
How do you write off a totaled car?
You are required to prove to the IRS that the loss is the direct result of a casualty. You must submit documentation to the IRS that supports the amount y...
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technology insights
What happens if income exceeds Roth IRA limits?
If your Roth contributions exceed the allowable limit, then those contributions are subject to a six percent excise tax. You can avoid this issue by waiti...
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arts
How do you calculate net income per month?
Her take home (net) is $519 per week. Therefore, multiply $519 by 52 (weekly) = $26,988 (net annual income). $26,988 divided by 12 = $2,249 (net monthly i...
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