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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any downside to using temporary credit card numbers with subscription services? ### Answer: I did just what you suggest. The card company honored the charge, they told me the temporary number...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any downside to using temporary credit card numbers with subscription services? ### Answer: If you've agreed to pay the money, then you owe them whether they have a valid credit card number o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any downside to using temporary credit card numbers with subscription services? ### Answer: You're knowingly providing a payment method which has insufficient funds to meet the terms of the c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to bank account of non-resident alien who falls out of status? ### Answer: Nothing happens. A bank is a business; your relationship with the bank doesn't change because your visa or immig...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New 1099 employee with Cobra insurance ### Answer: For the first four months of the year, when you were an employee, the health insurance premiums were paid for with pre-tax money. When you receive y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: New 1099 employee with Cobra insurance ### Answer: While COBRA premiums are not eligible to be a "business" expense they can be a medical expense for personal deduction purposes. If you're itemizing ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What things should I consider when getting a joint-mortgage? ### Answer: The first and most important thing to consider is that this is a BUSINESS TRANSACTION, and needs to be treated as such. Nail do...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What things should I consider when getting a joint-mortgage? ### Answer: Your lack of numbers makes the question a difficult read. What I'm hearing is "I want a house requiring a mortgage 8X my incom...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What things should I consider when getting a joint-mortgage? ### Answer: this seems like a bad idea. Example: You want to sell. He doesn't. But he doesn't have enough money to buy you out. What will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What things should I consider when getting a joint-mortgage? ### Answer: It may clarify your thinking if you look at this as two transactions: I am an Australian so I cannot comment on US tax laws but...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What things should I consider when getting a joint-mortgage? ### Answer: This is more of a long comment but may answer user's situation too. I have dealt with joint mortgages before in 3 states in the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal Tax Return software for Linux? ### Answer: TurboTax online works via Firefox (i.e. it is a cloud-based service.) I don't think any downloaded software is available directly for Linux. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Personal Tax Return software for Linux? ### Answer: I used H&R Block this year 2013 to do my 2012 taxes and it was a snap! Ubuntu 12.10 with Firefox 20 and everything worked great! Although it is no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Benjamin Graham: Minimum Size of the company ### Answer: Smaller markets can actually be more volatile so it's not a good idea to lower Graham's criteria for them. The only real adjustment possible is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Benjamin Graham: Minimum Size of the company ### Answer: If you look at the value as a composite, as Graham seems to, then look at its constituent parts (which you can get off any financials sheet the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Benjamin Graham: Minimum Size of the company ### Answer: Benjamin Grahams strategy was to invest in REALLY SAFE stocks. In his time lean businesses weren't as common as they are now and he found many ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: W8-BEN for an Indian Citizen ### Answer: According to the Form W-8BEN instructions for Part II, Line 10: Line 10. Line 10 must be used only if you are claiming treaty benefits that require that you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: W8-BEN for an Indian Citizen ### Answer: For filling out the W8-BEN form, please refer to the instructions in the document named: Instructions for Form W-8BEN Certificate of Foreign Status of Benefic...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 501(3)(c) to donators for trophy party ### Answer: The good news is that your parent organization is tax exempt and your local organization might be. The national organization even has guidelines and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any truth to the saying '99% of the world's millionaires have become rich by doing real estate'? ### Answer: I can name far more non-real estate millionaires than those who are. That statisti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any truth to the saying '99% of the world's millionaires have become rich by doing real estate'? ### Answer: This quote has it almost backwards. Thomas J. Stanley's recent book (he's one of t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any truth to the saying '99% of the world's millionaires have become rich by doing real estate'? ### Answer: 78.84% of statistics are made up on the spot. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any truth to the saying '99% of the world's millionaires have become rich by doing real estate'? ### Answer: Most millionaires became millionaires by being very frugal and living well below t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which Roth IRA is the best for a 21 year old who has about $1500? ### Answer: Your question seems like you don't understand what a Roth IRA is. A Roth IRA isn't an investment, per se. It is just a typ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which Roth IRA is the best for a 21 year old who has about $1500? ### Answer: You are young, and therefore have a very long time horizon for investing. Absolutely nothing you do should involve paying ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which Roth IRA is the best for a 21 year old who has about $1500? ### Answer: You're young. Build a side business in your spare time. Invest in yourself. Fail a few times when you have some time to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do credit card banks detect fraudulent transactions without requiring a travel advisory? ### Answer: One bank is more willing to risk losses and customer hassle in exchange for lower processing co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the market adjust for fees in ETPs? ### Answer: Because ETFs, unlike most other pooled investments, can be easily shorted, it is possible for institutional investors to take an arbitrage posi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the market adjust for fees in ETPs? ### Answer: The market doesn't really need to adjust for fees on ETF funds that are often less than 1/10th of a percent. The loss of the return is more tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is expense growth in this diagram? ### Answer: The "c." is probably circa, or "about." Regulatory settlements is in blue because it's negative; the amount is in parentheses, which indicates a lo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to accept money in the mail? ### Answer: On your end of the deal, the biggest risk is probably counterfeiting. That said, I'd think that most of the downside would be for the buyer since th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to accept money in the mail? ### Answer: Another option is to set up an accoutn with Western Union Bill Payment Solutions, where your customer could go to one of their locations and pay in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to accept money in the mail? ### Answer: The US Postal Service to my recollection recommends only mailing cash or items with cash-like characteristics using Registered Mail service. Registe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to find the smallest transaction fees and commissions available and reduce trading overhead? ### Answer: The lowest cost way to trade on an exchange is to trade directly on the exchange. I can't s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is per diem taxable? ### Answer: Per-diem is not taxable, if all the conditions are met. Conditions include: You can find this and more in this IRS FAQ document re the per-diem. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to work a certain amount of hours in order to get paid monthly? ### Answer: Frequency of paychecks is up to the company. Many pay monthly. Some pay twice a month, or every other week. I have...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find historic ratios by industry? ### Answer: If you would like to find data on a specific industry/market sector, a good option is IBISworld reports. You can find their site here. You ca...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Live in Florida & work remote for a New York company. Do I owe NY state income tax? ### Answer: If you're not a NY (tax) resident, then as long as you're not physically present in New York - you do no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Live in Florida & work remote for a New York company. Do I owe NY state income tax? ### Answer: New York State is one of a few states that will go after telecommuter taxes (such that some people may e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Live in Florida & work remote for a New York company. Do I owe NY state income tax? ### Answer: This question came up again (Living in Florida working remotely - NY employer withholds NYS taxes - Corr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would analysts recommend buying companies with negative net income? ### Answer: The biotechnology sector as a whole is a popular buy recommendation among some analysts these days for a few reasons...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would analysts recommend buying companies with negative net income? ### Answer: Companies in their earliest stages will likely not have profits but do have the potential for profits. Thus, there ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would analysts recommend buying companies with negative net income? ### Answer: Most likely because they don't know what they're talking about. They all have a belief without evidence that informa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage interest income tax deduction during year with a principal residence change ### Answer: http://www.irs.gov/publications/p936/ar02.html#en_US_2010_publink1000229891 If you still own it, you ge...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Mortgage interest income tax deduction during year with a principal residence change ### Answer: Very simple. If it wasn't rented, it's deductible as a schedule A home mortgage interest. If it was ren...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company's assets are worth more than its market cap, can one say the shares must be undervalued? ### Answer: You haven't mentioned how much debt your example company has. Rarely does a company no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company's assets are worth more than its market cap, can one say the shares must be undervalued? ### Answer: Look at Price/book value and there are more than a few stocks that may have a P/B unde...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company's assets are worth more than its market cap, can one say the shares must be undervalued? ### Answer: Imagine a poorly run store in the middle of downtown Manhattan. It has been in the fam...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: For Federal Crimes, where does the money collected from penalties go? ### Answer: The SFGate had an article on this a few years ago: http://www.sfgate.com/business/networth/article/When-government-fi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay the internet installation charges for my home's company internet? ### Answer: Of course you don't have to pay them - you just might not like the result. As a matter of law - given tha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I have to pay the internet installation charges for my home's company internet? ### Answer: It appears so. I suppose you could try saying that you don't want to pay for it and won't have Internet i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to determine if you should refinance a mortgage? ### Answer: See the Mortgage Professor's calculators (#3). Go to bankrate and look up rates so you know what to punch in to those ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to determine if you should refinance a mortgage? ### Answer: Our mortgage provider actually took the initiative to send us a refinance package with no closing costs to us and noth...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to determine if you should refinance a mortgage? ### Answer: Yes, take the new rate, but instead of using the new 30 year term, calculate the payment as though the new mortgage we...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving savings to Canada? ### Answer: The simplest, most convenient way I know of to "move your savings to Canada" is to purchase an exchange-traded fund like FXC, the CurrencyShares Canadian Dollar T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving savings to Canada? ### Answer: Yes, you can put assets in Canadian banks. Will it protect your wealth to a greater extent than the FDIC protection provided by the US Government? Probably not. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Moving savings to Canada? ### Answer: It is absolutely feasible to move your savings into Canada. There are a few ways you can do it. However it is unlikely you will benefit or avoid risk by doing so....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Optimal way for withdrawing vested company match from my 401k? ### Answer: Why would you want to withdraw only the company match, and presumably leave your personal contributions sitting in your ex-co...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Optimal way for withdrawing vested company match from my 401k? ### Answer: You can borrow against a 401k for 5 years. This defers any penalty fees that the IRS mandates. Put the cash back in your 401k...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: searching for historic exchange rate provider which meets this example data ### Answer: You will most likely not be able to avoid some form of format conversion, regardless of which data you use since...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: A "true" 0% loan is a losing proposition for the bank, that's true. However when you look at actual "0%" loans they usually ha...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: Most 0% interest loans have quite high interest rates that are deferred. If you are late on a payment you are hit with all the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: Generally speaking, an interest-free loan will be tied to a specific purchase, and the lender will be paid something by the ven...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: The bank depends on the laws of large numbers. They don't need to make money on every customer -- just on average. There are s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: If interest rates are negative, a 0% load might still be profitable. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: Other answers didn't seem to cover it, but most "0%" bank loans (often offered to credit card holders in the form of balance tr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: Car dealers as well as boat dealers, RV dealers, maybe farm vehicle dealers and other asset types make deals with banks and fin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: In addition to all the points made in other answers, in some jurisdictions (including the UK where I live) the consumer credit ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a bank make money on an interest free secured loan? ### Answer: Very good answers as to how 0% loans are typically done. In addition, many are either tied to a specific large item purchase, ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any specific examples of company valuations according to Value Investing philosophy? ### Answer: I highly recommend http://pages.stern.nyu.edu/~adamodar/ Professor Damodaran. He's written some of the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Any specific examples of company valuations according to Value Investing philosophy? ### Answer: Buffet is in a different league from other value investors. He looks for stable companies with no debt ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does Reuters provide the 4pm London Spot rate for currencies? ### Answer: The interpretation is correct. The Reuters may give you the London 4PM rates if you query after the close for the day. The clo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I protect money above the FDIC coverage limit? ### Answer: If you are concerned about FDIC coverage, then yes, you can spread your money across multiple banks. The limit is $250k, so after you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I protect money above the FDIC coverage limit? ### Answer: Be very careful to hold on tight to your money! I agree with paying for an investment advisor, but I would say use at least two to get...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does high inflation help or hurt companies with huge cash reserves? ### Answer: Inflation will damage the value of those cash reserves. This will harm the company's value. (Other factors may or may no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does high inflation help or hurt companies with huge cash reserves? ### Answer: Inflation is bad for people with lots of cash assets. It's good for debtors, particularly debtors with unsecured debt. #...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does high inflation help or hurt companies with huge cash reserves? ### Answer: This is a reasonable question about inflation. I would just like to note that inflation is nearly zero at the moment. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I make a one-time income tax-prepayment to the US Treasury? ### Answer: You can make estimated tax payments on Form 1040-ES. Most people who make such payments need to do it quarterly because...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a lower threshold for new EU VAT changes coming 1 Jan 2015 related to the sale of digital goods? ### Answer: Been digging through all the EU VAT directives and have called HMRC as well.. Ther...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: To whom should I report fraud on both of my credit cards? ### Answer: First thing to do when you notice a credit card fraud is to call the respective banks who issues the credit card and most banks im...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: To whom should I report fraud on both of my credit cards? ### Answer: You need to run a virus scan on your computers to make sure you do not have a key-logger program running on either. I would also ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What US tax laws apply to a 13 year old game developer? ### Answer: After doing a little research, I was actually surprised to find many internet resources on this topic (including sites from Intuit) ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What US tax laws apply to a 13 year old game developer? ### Answer: 13 or 30, the only real difference is that as a minor, you are claimed as a dependent on your parent's return, so you don't have you...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the USA, why is the Free File software only available for people earning less than $62k? ### Answer: It is very helpful to understand that Free File is not actually "by" the US Internal Revenue Ser...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the USA, why is the Free File software only available for people earning less than $62k? ### Answer: Free File is not software by the IRS. Free File is actually a partnership between the IRS and t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In the USA, why is the Free File software only available for people earning less than $62k? ### Answer: Regardless of the source of the software (though certainly good to know), there are practical li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: can the government or debt collectors garnish money from any bank account to which the debtor has access? ### Answer: There is a difference between an owner and a signer. An owner is the legal owner o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: can the government or debt collectors garnish money from any bank account to which the debtor has access? ### Answer: I would call the bank and ask how the person is on the account. If they are an o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: can the government or debt collectors garnish money from any bank account to which the debtor has access? ### Answer: I agree with the comments so far. Access doesn't equal ownership. There are also d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Contract job (hourly rate) as a 1099: How much would I be making after taxes? ### Answer: There are way too many details missing to be able to give you an accurate answer, and it would be too localize...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Contract job (hourly rate) as a 1099: How much would I be making after taxes? ### Answer: In addition to taking into account your deductions, as mentioned by @bstpierre, you also need to account for v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Contract job (hourly rate) as a 1099: How much would I be making after taxes? ### Answer: Does your spouse work? That's one factor that can put your income into a higher bracket. The one difference to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Contract job (hourly rate) as a 1099: How much would I be making after taxes? ### Answer: If it's just you working, I'd use a ballpark figure of 35% owed - it may be a little high or low, but it's a s...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: Is it really necessary? If $800 / year registration fee is too much to you, an LLC is apparently not something you need right now. Many pe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: Register in Nevada. It's a no brainer. I understand that it's not a great deal of money, but if you can save several hundred dollars per...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: I would prefer to see you register in your home state, and then focus on making money, rather than spending time looking to game the syste...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: I have researched this question extensively in previous years as we have notoriously high taxes in California, while neighboring a state t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: In this case not only that you must register in California (either as domestic, or as foreign if you decided to form elsewhere), you'll al...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In what state should I register my web-based LLC? ### Answer: In GA, LLC fees are $50 a year. Incorporating is a one time $100 fee. This information is current as of September 2013. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do altcoin trades count as like-kind exchanges? (Deferred capital gains tax) ### Answer: In June 2016 the American Institute of CPAs sent a letter to the IRS requesting guidance on this question. Qu...