New Tips

New Video Clips

New Glossary Terms

Bonus Depreciation
The tax laws have often included special incentives to encourage investment in equipment and other assets by businesses. The recession in 2008 and later encouraged Congress to enact such incentives. One such incenti...
179
Code Section 179 provides a special tax break, called "elective expensing" which permits you to write off (deduct) immediately (in the year of purchase) the cost of a substantial amount of equipment, furniture and o...
Small Business Investment Benefit
Small business has always been the engine of employment and economic growth. There are a number of special provisions in the tax law favoring small business. One of these is Code Section 1202 of the tax laws provide...

New Question & Answers

Deed versus Will

December 10th, 2009

All five children (myself and my siblings) are in our parents will, but only 3 are on the deed to their home. Would the to remaining two siblings who aren't on the deed be entitled to any money from the estate from the sale of our parents house? It is being sold because are parents have recently passed away. Read the Answer…

Powers of attorney

December 3rd, 2009

I was told that since I have a multiple sclerosis I should sign an general power of attorney and not use a springing power. What does this all mean and why and how is it different from the power of attorney a lawyer prepared for me years ago before my diagnosis? Read the Answer…

Residual disability - private disability claim

December 3rd, 2009

I was diagnosed with MS and because of complications I have to cut back at work. I was told I should file a claim with my private disability company even though I will be able to work as i might qualify for what they called residual disability benefits. Any suggestions? Read the Answer…