By: Mark Goldman
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Is commission rebate from the buyer's Realtor to the buyer a taxable income? Transaction was done outside of the escrow and 1099-Misc (Box 7) was issued to the buyer following January. 1) is this taxable income for the buyer and 2) if so, is he responsible for SE taxes as well?
How many people actually go in for a Health Insurance? It is observed that most people think it is a waste of money so avoid it. What do you think?
What are the best ways of spending money apart from spending just on shopping and entertainment? When can spent money be never regretted? Add your feedback please.
Can anyone share some tips for budding entrepreneurs. What are the do's and dont's for them.
I am a Nonresident Alien and I live in Ensenada Baja California Mexico. I’m about to buy many electronics. Total value would be around $12,000 for my personal use. I am building my own house and I want to buy from SEARS in Chula Vista, California, but I don’t want to pay double tax (in the US and Mexico) since I am going to import the merchandise to Mexico. Is there any way to avoid the payment of taxes in Chula Vista?
If I participate in my employer's 401K plan, can I also set up a SEP-IRA for my self-employment income?
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