The rules regarding residential energy credits are continuously changing. Homeowners who make improvements in one year may not be eligible for the tax credit, whereas they may have been entitled to … [Read more...] about 2012 RESIDENTIAL ENERGY CREDIT
Archives for February 2013
IS THE LIFE INSURANCE DEATH BENEFIT PAID TO A BENEFICIARY FROM YOUR EMPLOYER-OWNED LIFE INSURANCE (EOLI) POLICY TAXABLE?
The death benefit proceeds from a life insurance policy are generally excluded from income tax. At the same time, no tax deduction is allowed for premiums paid on any life insurance policy if one is … [Read more...] about IS THE LIFE INSURANCE DEATH BENEFIT PAID TO A BENEFICIARY FROM YOUR EMPLOYER-OWNED LIFE INSURANCE (EOLI) POLICY TAXABLE?
WILL SOCIAL SECURITY AND 401(K) MONIES BE AVAILABLE WHEN YOU RETIRE?
Employers have been transitioning from defined benefit pension plans to defined contribution plans for several years. In 1980, four out of five private-sector workers were covered by traditional … [Read more...] about WILL SOCIAL SECURITY AND 401(K) MONIES BE AVAILABLE WHEN YOU RETIRE?