19 ordspråk av Frank Degen

Frank Degen

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 A lot of parents are very reluctant to share their financial history. They might have a wonderful relationship with their children emotionally, but when it comes to finances, not too many are always ready to talk about that.

 Always file your tax return on time, even if you don't have the money. The biggest penalty is late filing.

 He's going to lose on eight of them, because he's past the three-year statute.

 I don't want to sound sexist, but it happens a lot. The husband is working off the books and the wife calls the IRS.

 I would encourage the children to be open. Ask your parents in general terms if they want some help discussing it, or in setting up a meeting to talk about it with a professional.

 It can't be like a babysitting situation.

 It used to be much more advantageous prior to the change (in 1993). There's been a lot more tightening.

 One of the biggest problems I see these days is when the children feel they have a right to an inheritance and a lot of times [they want to intervene on their parent's financial behalf] before they are ready and willing to do that. I know a lot of lawyers who say the first thing they do is take the parents into a room and ask them if they are ready for this.

 Previously, someone like a plumber, who may have run his office from home and had a secretary there, could not take this deduction because he provided goods and services outside the home. Of course, the IRS realized the inequity there and changed the rules.

 Record-keeping is important. Document everything you do.

 That's a winner all the way around.

 The IRS will hold back a part of a refund if the two names don't match.

 The new rule is much more friendly to taxpayers. Only sales of more than $500,000 for married couples and $250,000 for single people have to be reported. So you don't need to keep records unless you think you home may sell for more than that amount.

 The rate at which the profit is taxed depends on whether or not the property depreciated in value.

 There will some unpleasant surprises and a sense of loss among single parents who have adult children living with them when they file this year.


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This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.



Barnslighet är både skattebefriat och gratis!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!




På banken tar de dina pengar. Och din tid. Här tar vi bara din tid.

www.livet.se/proverb