POLITICAL AFFAIRS — May 18

What happens to a rental property when it is sold?

Often when a rented property is sold, the tenancy continues. The new owner simply becomes the new la...

VIEWPOINTS — May 18

What can you write off on Schedule A?

Here is a list of allowable Schedule A itemized deductions: Medical and Dental Expenses. State and ...

POLITICAL AFFAIRS — May 18

Do you pay state taxes on TSP withdrawal?

The TSP does not withhold for state or local income tax. However, on IRS Form 1099-R, we do report a...

CELEBRITY TRIBUTES — May 18

Can you still claim a tax refund for 2011?

You can no longer claim a refund for Tax Year 2011. Need to change or amend a 2011 Federal Income Ta...

CELEBRITY TRIBUTES — May 18

Can a UTMA have multiple beneficiaries?

More than one beneficiary is OK with a trust, not with a custodial account. More than one trustee is...