Search found 1453 matches

Return to advanced search

Re: Advice for how to help a grieving FIL with daily finance

Thanks again everyone for the suggestions. MIL passed last week, surrounded by family at the moment of her death.

My father in law is distraught, appropriately, but functional and able to attend to practical details. He will be fine.
by neurosphere
Sun Mar 01, 2015 10:17 am
 
Forum: Personal Finance (Not Investing)
Topic: Advice for how to help a grieving FIL with daily finances
Replies: 16
Views: 1631

Re: How do I learn to like sushi?

Start with cooked preparations or veggie ones. Not all sushi is raw. It is my understanding that shrimp is always cooked (if it's red it's cooked, raw shrimp is pale grey). Also, lots (all?) sushi places have vegetarian sushi, items like cucumber, peanut, avocado, asparagus. But rolled in rice and w...
by neurosphere
Sat Feb 28, 2015 2:15 pm
 
Forum: Personal Consumer Issues
Topic: How do I learn to like sushi?
Replies: 70
Views: 3656

Re: physicians

I am not that far out of residency, but already I can see that I will not be happy long-term in traditional University academic medical center, where I thought I would be shielded somewhat from many causes of physician satisfaction. My solutions is that I have decided to accept a part time (120 days...
by neurosphere
Wed Feb 25, 2015 8:42 am
 
Forum: Personal Finance (Not Investing)
Topic: physicians [Frustrated, considering early retirement]
Replies: 132
Views: 8732

Re: Federal Income taxes on a VERY small business

JPH wrote:Thanks, neurosphere. Very interesting case. She sells a lot more than my wife does.

But probably deducts a lot more too. :D After all, in most years she had losses.
by neurosphere
Mon Feb 23, 2015 1:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Federal Income taxes on a VERY small business
Replies: 12
Views: 684

Re: Federal Income taxes on a VERY small business

See this recent court case related to an artist who was claiming consistent losses on Schedule C: https://www.courtlistener.com/opinion/2739499/susan-crile-v-commissioner/ And here is a New York Times write up on the case: http://www.nytimes.com/2014/10/07/arts/design/tax-court-ruling-is-seen-as-a-v...
by neurosphere
Mon Feb 23, 2015 1:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Federal Income taxes on a VERY small business
Replies: 12
Views: 684

Re: Advice for how to help a grieving FIL with daily finance

Thanks everyone for the suggestions, I don't have time to respond individually.. FIL is mentally competent but simply tired and cannot bring himself to leave the hospital long enough to really take care of himself. MIL is in a hospital 2 hours from their home (and in another state from my wife and m...
by neurosphere
Mon Feb 23, 2015 12:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice for how to help a grieving FIL with daily finances
Replies: 16
Views: 1631

Re: Cost basis info preserved with in-kind transfer?

To OP - I would sell them first. It could easily cost you hundreds or even thousands of dollars in accountant time to fix in the worst case ( or extra taxes if you don't fix it). Once my friends get information on the commissions for the accounts that don't have a management fee we'll have a better...
by neurosphere
Mon Feb 23, 2015 8:32 am
 
Forum: Personal Finance (Not Investing)
Topic: Cost basis info preserved with in-kind transfer?
Replies: 10
Views: 579

Advice for how to help a grieving FIL with daily finances

My mother-in-law has a terminal illness. She might live a few more days, she might live a couple of years. My father-in-law handles all of the finances, and has his ritual of sitting down each month and writing check to pay the bills. However, in the past several months he has been devoting all of h...
by neurosphere
Mon Feb 23, 2015 12:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Advice for how to help a grieving FIL with daily finances
Replies: 16
Views: 1631

Re: Working after 70-Helps Soc Sec benefits?

There is nothing unique to 70 involving this effect, but as time goes own the effect grows. Because, it isn't simply the fact that you replace one of those 35 years, but by how much. However, it is definitely YMMV depending on your specific circumstances. In addition, as your averaged earnings grow...
by neurosphere
Mon Feb 23, 2015 12:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Working after 70-Helps Soc Sec benefits?
Replies: 5
Views: 785

Re: Cost basis info preserved with in-kind transfer?

But what if the transfer involves a mixture of covered and uncovered shares (as this one probably does since it has thousands of tax lots, which would be pretty hard for even a frequent trader to create in just a few years)? Yes, this. In general, I think the answer is that the cost basis for some ...
by neurosphere
Mon Feb 23, 2015 12:24 am
 
Forum: Personal Finance (Not Investing)
Topic: Cost basis info preserved with in-kind transfer?
Replies: 10
Views: 579

Cost basis info preserved with in-kind transfer?

I'm helping a friend move accounts to Vanguard from UBS. There are several thousands (yes multiple thousands) of lots representing individual stock purchases. Does anyone know if this cost basis information will transfer over and be preserved at Vanguard? I'm going to advise my friend and his wife t...
by neurosphere
Sun Feb 22, 2015 2:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Cost basis info preserved with in-kind transfer?
Replies: 10
Views: 579

Re: Help needed on TaxAct for backdoor Roth contribution

Check out this thread and report back if it solved your problem:

viewtopic.php?f=2&t=135554
by neurosphere
Sat Feb 14, 2015 9:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help needed on TaxAct for backdoor Roth contribution
Replies: 2
Views: 187

Re: Multi Member Delaware LLC - Taxes

If the LLC operating agreement doesn't get filed with the State, how would one address/resolve any issues related to ownership if they were to come up in the future? e.g. disputes around ownership between the members. I would think it makes a lot of sense for the executed version to be filed with s...
by neurosphere
Thu Feb 12, 2015 1:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Multi Member Delaware LLC - Taxes
Replies: 3
Views: 292

Re: Is this legit? ["Tax Refund Check Printed on Premise"]

The IRS now has a way that taxpayers can verify their record of past tax filings online. I suggest you help your friend go to irs.gov and check the record of the return the IRS actually received for 2013 to make sure it is the same as the paper copy he got from the preparer. A very good idea. Thanks.
by neurosphere
Wed Feb 11, 2015 1:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is this legit? ["Tax Refund Check Printed on Premise"]
Replies: 4
Views: 478

Re: Is this legit? ["Tax Refund Check Printed on Premise"]

Actually there is authorized IRS efile software designed to let small mom-and-pop tax prep shops do just this. Ah, ok, I assume that this would not be a mom/pop kind of thing. But I do get that it makes a big difference that the tax professional doesn't actually give over any money until the refund...
by neurosphere
Wed Feb 11, 2015 1:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is this legit? ["Tax Refund Check Printed on Premise"]
Replies: 4
Views: 478

Is this legit? ["Tax Refund Check Printed on Premise"]

I friend of mine asked for help with taxes this year because of an unpleasant experience with a tax preparer last year*. I was disappointed to hear about his experience. I attempted to look up the credentials of his preparer, but could not verify that she was licensed as a tax preparer in NY, nor co...
by neurosphere
Wed Feb 11, 2015 12:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is this legit? ["Tax Refund Check Printed on Premise"]
Replies: 4
Views: 478

Re: Rejected from disability insurance

Does the American Medical Association or your state medical association or society offer disability insurance? Sometimes it's easier to get coverage through these plans than if you buy it outside these plans. I know that I regularly received mailings when I was a medical resident regarding disabili...
by neurosphere
Sun Feb 08, 2015 6:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Rejected from disability insurance
Replies: 18
Views: 1912

Re: Paperless Office?

Also how do you scan receipts in batches and save them as a single document (i.e. receipts for Jan 2015) or do you scan and save each receipt individually with a unique file name? In my case, both my personal transactions and business transactions are listed individually in quicken. So I tend to sc...
by neurosphere
Sat Feb 07, 2015 11:00 am
 
Forum: Personal Consumer Issues
Topic: Paperless Office?
Replies: 55
Views: 3146

Re: Paperless Office?

+1 this. Our entire office uses them, and in the 2 years I've been here we have had only 1 fail. They don't hold a ton of paper, but if you're looking to do 1 piece at a time, the ScanSnap will be perfect. I routinely do 10+ pages at a time (as long as they all get scanned into the same file). I th...
by neurosphere
Fri Feb 06, 2015 6:39 pm
 
Forum: Personal Consumer Issues
Topic: Paperless Office?
Replies: 55
Views: 3146

Re: TaxAct: AMT exemption amount wrong?

Go to the form 6251 instructions here (http://www.irs.gov/pub/irs-pdf/i6251.pdf) and look at the instructions and worksheet for line 29, which is the line where exemptions are calculated. Hint, the exemption varies based on income, if income is above a certain threshold.
by neurosphere
Fri Feb 06, 2015 6:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: TaxAct: AMT exemption amount wrong?
Replies: 2
Views: 278

Re: Paperless Office?

I've been using a Fuji Scansnap for years and love it. A document comes in, I scan it, then shred the document. Does color, double sided, dozens of pages at once, runs fast enough for my needs. I'm sure there are other brands available which work equally well. I back up my internal hard drive to an ...
by neurosphere
Fri Feb 06, 2015 11:37 am
 
Forum: Personal Consumer Issues
Topic: Paperless Office?
Replies: 55
Views: 3146

Re: How to tell who is bound to a fiduciary standard?

Anyone who wants to understand about the concept of fiduciary duty should definitely read this page: http://www.sec.gov/news/speech/spch022706lar.htm It's text from a speech give in 2006 by Lori Richards, who was then the director of the Office of Compliance Inspections and Examinations for the SEC....
by neurosphere
Fri Feb 06, 2015 9:39 am
 
Forum: Personal Finance (Not Investing)
Topic: How to tell who is bound to a fiduciary standard?
Replies: 65
Views: 6378

Re: How to tell who is bound to a fiduciary standard?

Yes, me too. But the fact that Vestory (who recommend/use both DFA and Vanguard) are promoting the use of this form means they are willing to complete it and are encouraging investors to walk/run away from other advisors who refuse the form's completion. Here is the text of the fiduciary pledge, bt...
by neurosphere
Fri Feb 06, 2015 9:30 am
 
Forum: Personal Finance (Not Investing)
Topic: How to tell who is bound to a fiduciary standard?
Replies: 65
Views: 6378

Anyone familiar with the new Turkish pension system?

Hi all, a friend asked me for financial advice, now that she has her first real job where she can save some money. She is a turkish citizen and has a US green card. Works in the US and also has some turkish income, which makes her eligible to make voluntary payments into the Turkish pension system. ...
by neurosphere
Mon Feb 02, 2015 11:44 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with the new Turkish pension system?
Replies: 0
Views: 245

Re: Tax Software - Difference in return

The federal return is a match, but TurboTax has me getting $375 back from NY and TaxACT has me OWING $25. Is this common? Should I just go with TurboTax? The obvious answer is you should file your taxes the correct way, and not just arbitrarily select the version which benefits you the most. So det...
by neurosphere
Sun Feb 01, 2015 10:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Tax Software - Difference in return
Replies: 11
Views: 1023

Re: Thinking of switching from Turbo-Tax

I've only every used TaxAct for personal and client returns, so I can't compare it to others. Yes, the interviews are always a little annoying, but I assume that's standard in every similar software package? But I usually fill the information directly into the forms first, and that gets me 95% there...
by neurosphere
Wed Jan 28, 2015 10:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Thinking of switching from Turbo-Tax
Replies: 26
Views: 1853

Re: Choosing betwen funding emergency fund and Roth IRA

Roth contributions can be withdrawn any time for any reason. Thus, you could make a Roth contribution this year and invest it in a highly liquid fund that is very unlikely to lose value, such as a money market fund. If you need to then withdraw the money for an emergency, you can do so without penal...
by neurosphere
Wed Jan 28, 2015 10:28 am
 
Forum: Personal Finance (Not Investing)
Topic: Choosing betwen funding emergency fund and Roth IRA
Replies: 7
Views: 822

Re: Employee fiduciary 401K Fund selection

You can either offer the simplicity and near fool-proofness of the TSP. Or you can offer all the good stuff found at Vanguard. There is very little middle ground and there would be no consensus on what that middle ground might be if you tried to find it. Only someone who knows investing would know ...
by neurosphere
Mon Jan 26, 2015 12:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Employee fiduciary 401K Fund selection
Replies: 19
Views: 966

Quicken Social Security Optimizer $50 "Add-On"

I upgraded to Quicken 2015 the other day from 2012 (one one problem, it renamed a checking account from "Main Street Bank" to "Checking"). I noticed they are pitching a $50 Social Security Optimizer tool. Google tells me this product is from LifeYield? I don't have a current need...
by neurosphere
Thu Jan 22, 2015 8:14 am
 
Forum: Personal Finance (Not Investing)
Topic: Quicken Social Security Optimizer $50 "Add-On"
Replies: 9
Views: 1945

Re: Reporter doing story on pitfalls of doing one's own taxe

Based on the stories I hear from my friend who is a part-time preparer, I expect a lot of additional errors come in prepared returns because the taxpayer's records are a mess and they don't provide all the information about their finances to the preparer. I'll bet the tax preparers on this board ca...
by neurosphere
Wed Jan 21, 2015 10:35 pm
 
Forum: Investing - Theory, News & General
Topic: Reporter doing story on pitfalls of doing one's own taxes
Replies: 40
Views: 4792

Re: Withdrawing Backdoor Money from Roth IRA

There are also two separate 5-year (tax years, not calendar years) waiting periods before your contributions become qualified. Before that waiting period is over, withdrawals on non-qualified contributions pay the 10% early-withdrawal penalty as well. Here are the two 5-year waiting periods: (https...
by neurosphere
Wed Jan 21, 2015 11:50 am
 
Forum: Investing - Theory, News & General
Topic: Withdrawing Backdoor Conversions from Roth IRA
Replies: 33
Views: 2472

Re: Supreme Court to hear fiduciary duty/high cost funds cas

Now stop wasting time reading this thread and start drafting complaints against your former employers :) Hey! I resemble that remark! See this thread: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=155093 where I consider complaining to the HR department of my former employer about the hi...
by neurosphere
Tue Jan 20, 2015 8:35 pm
 
Forum: Investing - Theory, News & General
Topic: Supreme Court to hear fiduciary duty/high cost funds case
Replies: 39
Views: 5549

Re: Google Chrome: is this a mega security problem?

Is there any way to disable Chrome remotely? That is, I can see in my history that i'm signed in elsewhere (a shared word computer), but don't know how to specifically disable that computer. I assume that people can see my bookmarks? There are relatively innocuous, but do give people an idea of what...
by neurosphere
Tue Jan 20, 2015 12:06 pm
 
Forum: Personal Consumer Issues
Topic: Google Chrome: is this a mega security problem?
Replies: 111
Views: 6832

Re: Changes (mostly bad ones) to my 401k. Who benefits?

I think being overly narrow in only allowing index funds or certain fund companies may create problems for those running the plan, I'm waiting for lawsuits against the government's TSP plan (https://www.tsp.gov/investmentfunds/fundsoverview/comparisonMatrix.shtml) for being overly narrow. It only h...
by neurosphere
Sat Jan 10, 2015 2:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Changes (mostly bad ones) to my 401k. Who benefits?
Replies: 34
Views: 2702

Re: Changes (mostly bad ones) to my 401k. Who benefits?

People may be surprised to find that many 401(k) participants do NOT want to invest in index funds, but would rather have actively-managed funds instead. Actually, the majority of the funds in the plan WERE actively managed funds, from Vanguard. Perhaps people specifically really wanted the Blackro...
by neurosphere
Sat Jan 10, 2015 1:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Changes (mostly bad ones) to my 401k. Who benefits?
Replies: 34
Views: 2702

Re: Just left meeting with my advisor....

WHL wrote:
hulburt1 wrote:so lets say you have 1m. at 1.8 every year you have paid 180,000 or for one of his kids to go to college.


Time for a new calculator...


1.8% x 7 years the OP said s/he was with this advisor is close enough to $180,000 in fees and opportunity costs. :wink:
by neurosphere
Thu Jan 08, 2015 9:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Just left meeting with my advisor....
Replies: 57
Views: 7840

Re: Changes (mostly bad ones) to my 401k. Who benefits?

If I understand correctly, you're not any worse off for this (as long as you stick to the fund lineup you originally had), you're just concerned for the other participants that could choose the more expensive funds without realizing? Either the company, the provider, or both are the ones benefiting...
by neurosphere
Thu Jan 08, 2015 5:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Changes (mostly bad ones) to my 401k. Who benefits?
Replies: 34
Views: 2702

Re: Changes (mostly bad ones) to my 401k. Who benefits?

Ask yourself this question...who benefits when an investor selects a fund that has a higher expense ratio, compared to a fund with a lower expense ratio? I think the answer is obvious, don't you? Well yes, I think the answer is obvious. 95% of the post was getting things off my chest. 5% was trying...
by neurosphere
Thu Jan 08, 2015 4:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Changes (mostly bad ones) to my 401k. Who benefits?
Replies: 34
Views: 2702

Changes (mostly bad ones) to my 401k. Who benefits?

Hi all. This post has various questions sandwiched within this rant. I have funds in a 401k which I still have with a previous employer. The 401k made changes to its fund line-up. The 401k uses Vanguard as the custodian, and previously the fund options included life strategy funds, Target Retirement...
by neurosphere
Thu Jan 08, 2015 3:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Changes (mostly bad ones) to my 401k. Who benefits?
Replies: 34
Views: 2702

Re: Tegretol - Expensive Drugs

My husband's new neurologist only wants him to take the Name Brand Didn't notice this statement prior to writing my prior post. It's a new neurologist? Has your husband has already been on generic and the neurologist wants to SWITCH to brand? In any case, the advice stays the same whenever there is...
by neurosphere
Wed Jan 07, 2015 8:46 am
 
Forum: Personal Consumer Issues
Topic: Tegretol - Expensive Drugs
Replies: 7
Views: 765

Re: Tegretol - Expensive Drugs

This is why medical advice should not be given out on this board. Many epilepsy patients can be sensitive to even very small changes in blood levels. The biggest risk for generic antiepileptic drugs is that the manufacturer of the drugs you receive may change from month to month. This change may re...
by neurosphere
Wed Jan 07, 2015 8:41 am
 
Forum: Personal Consumer Issues
Topic: Tegretol - Expensive Drugs
Replies: 7
Views: 765

Re: New Vanguard AMT-free National Municipal Bond Fund

The one concern I do have about the new fund is how much the duration will fluctuate over time. I like the managed funds because they target a very specific duration for each fund, so you know what risks your taking when you buy in. That's a very good point. A managed fund can manage the fund such ...
by neurosphere
Tue Jan 06, 2015 9:37 pm
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7111

Re: American Funds

I am curious to know what you find out about this. My new employer also uses American Funds. I can't participate in the 401k until 10/15 , but I have a feeling that I am not going to like the ERs that I see judging by the responses that you have received above. Keep in mind that the rules for a 401...
by neurosphere
Tue Jan 06, 2015 8:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: American Funds
Replies: 21
Views: 2514

Re: New Vanguard AMT-free National Municipal Bond Fund

IMHO it is more likely that Vanguard will expand its AMT-free series of muni index funds/etfs across the maturity spectrum since its present line-up of muni funds is exposed to the AMT . This will allow taxpayers subject to the AMT a Vanguard fund option. Interesting comment. I had always assumed t...
by neurosphere
Tue Jan 06, 2015 12:03 pm
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7111

Re: New Vanguard AMT-free National Municipal Bond Fund

I'm also interested in this. I'm buying VWLTX in taxable recently, but would like to buy a blended duration. Am I correct in thinking that's the primary difference? If that's it, I'll also be watching until the transaction fee goes away. VWLTX has a duration of 6 years and an average maturity of 16...
by neurosphere
Tue Jan 06, 2015 11:27 am
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7111

New Vanguard AMT-free National Municipal Bond Fund

This may be of interest to some. I would invest in this mutual fund, perhaps after the purchase fee disappears. If history is any guide, the purchase fee of 0.5% won't be around long. This may be a good fund to use for TLH purposes, in conjunction with state-specific funds or Vanguard's existing lon...
by neurosphere
Tue Jan 06, 2015 9:12 am
 
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 79
Views: 7111

Re: [Getting Sued for] Malpractice

You probably can't buy more if your group provides the insurance. If you have an individual policy paid for by yourself, then you can add more coverage. To the OP, unfortunately this is a unavoidable reality of our specialty. I'm currently going through a lawsuit, and it definitely taxes your emoti...
by neurosphere
Wed Dec 24, 2014 8:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: [Getting Sued for] Malpractice
Replies: 46
Views: 4894

Re: Long Term Disability Denied - Runner's Knees

My first application for disability insurance had two exclusions. 1) Any issue related to my ears. This was because 4 years prior to the application I went to an audiologist to get "music plugs" so I could go to concerts and decease the noise exposure to my ears. The notes mentioned that I...
by neurosphere
Tue Dec 23, 2014 10:44 pm
 
Forum: Personal Consumer Issues
Topic: Long Term Disability Denied - Runner's Knees
Replies: 21
Views: 3647

Re: Index vs Hedge: Mr Bogle Low fee but Highly Risky manage

Performance during bear markets is usually better for active funds, maybe even better for many hedge funds, and is usually worse for bull markets. Hmm. I'd like to see some evidence for this. Let me look around and see what the data shows. :D Even if true, all I have to do is switch from active fun...
by neurosphere
Mon Dec 22, 2014 10:35 pm
 
Forum: Investing - Theory, News & General
Topic: Index vs Hedge: Mr Bogle Low fee but Highly Risky manager ?
Replies: 19
Views: 1671

Re: Index vs Hedge: Mr Bogle Low fee but Highly Risky manage

2. Index funds charge expense ratio of 0.1-1.0% to do 'Nothing'. That is very expensive in long range compared to 2/20 hedge manager charge. Several straw-man arguments in one sentence. 1) What index fund is charging 1.0%, for any widely used index. If there is one, why would anyone use it? That's ...
by neurosphere
Mon Dec 22, 2014 10:32 pm
 
Forum: Investing - Theory, News & General
Topic: Index vs Hedge: Mr Bogle Low fee but Highly Risky manager ?
Replies: 19
Views: 1671
Next

Return to advanced search