mcb39

Done

This could be a very good idea. I have a few choice words on this subject. (Makes me hot under the collar just thinking about it.)

I have never liked annuities for personal reasons. I like the stock market even less. I, personally, have been laddering CDs for a few years now and am amazed at the interest I am amassing. Bottom line is that my original investment will always be there. This isn't necessarily the answer for everyone. My first caution is to keep a safe cushion that is available for use should any unexpected event occur. My son is of the age where he could draw from his IRA or Pension at any time without penalty. He also has a safe cushion. I couldn't have given him any better advice at this time, As Judy said, look at all the angles. Examine the ins and outs and goals. If in doubt, you should not be giving financial advice.

You have to look at all sides of the situation. My son now has a retirement plan at work. He doesn't need this money at the moment. This IRA was set up in excess of 20 years ago. It's just been sitting there slowly accumulating low interest. Just saying. I certainly wouldn't give this same advice to everyone.

Bear in mind that the same thing happens when you exit the tax program and go to email or any other program that involves typing. They are trying to keep our minds sharp

I just recently advised my son, who has a longtime redundant IRA set up years ago at the Credit Union; to invest it in a short term CD. The Credit Union agreed. He did as advised. He has been getting 0.99% interest and will now get 4.99% and after 7 months , we will re-evaluate.

I always use all caps for Tax Returns. ATX has the option to use all caps. It is much more presentable and easier to read. IMO

I had the same experience several years ago. Came home from work and water line under the sink had blown and I walked in ankle deep water to the phone, which; of course, didn't work. Pretty much the same scenario as you except that by then I had moved my office upstairs. We worked until well past midnight getting stuff out of the basement and into a dumpster. I, also, got a new kitchen, but I had to pay for the upper cabinets as the water didn't touch them. I made a deal with the Insurance Co for a settlement. I had enough clients in all different phases of construction so I took the settlement and contracted the work out to my clients. Pretty much a nightmare, but so much better than what we are seeing in the South right now. Good luck to you going forward. I just remember being really tired for a long, long time.

I have never accepted credit cards and I have never had a complaint. They will either write a check or go and get the cash. As a result, the cash gets recorded as income and goes in the safe. That, in turn, is our spending money for the year so that we don't have to pay credit card fees. (A penny saved is a penny earned)

You sure have. Welcome back.

They have already told us so.

Yes, I am tired of protecting myself from myself. I am tired of running to get my cellphone because someone is sending me a code to get into a site. I, too, am a sole proprietor with my office in an addition built on to my home. Nobody does or has any reason to go anywhere near my work computer. My husband, who is the only other human living in this house, doesn't even know or want to know how to turn it on. There are two other computers in the original part of the office on which we do data entry, bookkeeping, look things up, etc. My office door to the outside has a double lock and a deadbolt. My filing cabinet has a lock. My main desk has a lock. My computer has a password; my cellphone has a password. My safe has a key. We even shut the watermain off when we leave for the weekend. How safe is safe?? Oh, my outside dropbox also is under lock and key.

I can honestly say that as I am just recovering from a bad Pneumonia, I totally don't GET it. I am turning the corner now, though, so may be able to figure it out.

I went through this last year. In my case, it was medically necessary and fit the requirements. Client has since passed.

We fill out Schedule A for most clients because, in Wisconsin, some itemized deductions can flow through to the State forms. I don't have a problem with that. Also, I have always felt that the loss of the 2106 hurt many of my clients.

Dar.......occasionally clients make qualifying contributions to their HSA over and above what is withheld from their payroll. Those clients get a credit for out of pocket contributions as long as they do not go over the maximum allowed. I have only had a few of these and it is usually in the year of retirement, but not always.

No, Darlene, that is not my tax practice. What in the world would I do with $500,000? (Ha Ha). I have not idea who that might be; nor do I care. I am just so glad to be alive. Thank you for reaching out.

I did have the pneumonia vaccine twice and reacted badly to both. I have had breathing issues for four years, since I was ill for 12 days, four years ago; just before Covid was a word. My hospital Doc said that I have been ill for a long time and fighting it on my own . Breathing issues for four years and it finally tried to take me out.I fought so hard to get rid of the oxygen and breathe on my own. I am pretty stubborn. To tell you the truth, I wasn't sure I could do it, but I had already purchased my tax program and had a lot of unfinished work to do. They fixed me up just fine.

What is ARM? I hate to be stupid, but I hate when people use abbreviations that I don't understand. Sorry, Dennis, I respect your knowledge and I am always wanting to learn new things. TIA (HaHa)

Gosh, Lee! Isn't that the pits. I hope you take care of yourself because we sure NEED you on this board. I was SO sick as well, but I fought and fought to come back and breathe on my own; and I made it. You know I am not a young chick, but I might have an older body, but my mind is young as can be and we can tell ourselves that we will be OK. Life is just so beautiful! I am praying for you.

I have been on a little adventure, believe it or not. I hadn't been feeling well for a while and one morning I told my husband that I thought I needed help. Well, ER led to 7 days in the hospital (so they tell me). I had viral bronchitis and then developed bacterial pneumonia and had myself a vacation of sorts. If anyone has noticed that I have not been nosing around, that is why, but I am now home and on the way to a full recovery. Turns out that I was sick for a very long time and I guess I knew it but I just thought that was the way life was. Well, let me tell you , I have not breathed so well in years and I am back. This was my first fullish day on the computer and I am pretty tired so will keep you posted. I am so Happy to be back and Life is Wonderful. Love to each and every one of you. I had my doubts there for a while, but I don't do well with meds and they sort of messed me up while they were curing me.

I faxed the information to them. They never responded.

In reality, I hate their constant popups. On another note; technology is trying to drive me crazy. My landline at the cottage has been out for over a week, but, "There are no outages in your area!" Weirdly, I still have Internet, but it is almost as slow as dialup.

Avast

My server errors yesterday were resolved by turning off my virus protection. I was unable to open the ATX programs. My first ever experience with support was excellent.