technology insights
What percentage of retired people go back to work?
A 2017 survey from RAND Corporation, a nonprofit research firm, found that almost 40 percent of workers over age 65 had previously retired — only to rejoi...
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culture
What does Refund mean in taxes?
A tax refund is a reimbursement to a taxpayer of any excess amount paid to the federal government or a state government. Taxpayers tend to look at a refun...
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global news
Can children collect parents SSI?
When you start receiving Social Security retirement or disability benefits, your family members also may be eligible for payments. If you are a parent, ca...
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global news
How long do federal and state tax returns take?
If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If ...
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local updates
What is the 14 year rule for IHT?
This is often referred to as ‘the 14 year rule’. The tax on gifts in the seven years before death must be recalculated at the death rate of 40%. Any charg...
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science
Can a lender cancel a refinance after closing?
The lender has no right of rescission. Once you have signed loan documents, you have entered into a binding contract, and the lender is legally bound to h...
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health
How do I calculate my tax saving investment?
You have the standard deduction of Rs 50,000 per year. You will then have to deduct the eligible expenses and investments under Section 80C. Suppose you h...
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science
Should I give my landlord a 1099?
Commercial payers of rents and royalties must generally provide a 1099 to the landlord and submit a copy to the IRS. But if you pay rent to a real estate ...
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science
How much does it cost to build an artist studio?
“A home studio, or a project studio can cost anywhere from three or four hundred dollars up to, you know, 10, 20, $30,000 to build. A professional studio ...
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local updates
Is a Will legally binding after divorce?
If you divorce, your Will from the marriage remains valid, but your ex-spouse is now treated as if they were dead. This means part of your estate could fa...
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