How a Disputed Insurance Claim May Mean Bankruptcy in Indonesia.Deals with the implications of the bankruptcy claim filed by the beneficiary of a deceased policyholder against the local subsidiary of Manulife Financial Corp. of Canada in Indonesia.Wall Street Journal - Eastern Edition...
In addition, if the bank cancels your debt, meaning you no longer need to pay it back, then any amount in excess of the fair market value of the house is part of your ordinary taxable income. This ordinary income is separate from the gain or loss you calculate on the foreclosure...
page. In fact, You may want to go there quickly: You have three years from the date you filed your federal income tax return to claim a refund. Something else to consider: If you recently moved, make sure you haven't provided an incorrect address when filing your taxes. That ...
And don’t try any fancy footwork to try to dodge the rule. You can’t sell the stock and claim the loss, and then have your spouse repurchase the stock within the 30 days. If your partner is buying the stock in that 30-day window, you simply won’t be able to claim the loss....
You must deduct a bad debt in the year it becomes worthless. If you realize you could have reported and taken a deduction for an unpaid debt years ago but didn't, you generally have only three years to amend your return in order to claim it on your tax return. TurboTax Tip: A ...
By the time that the product is ready to go up in Kickstarter, especially all the products you see they claim that they are going to ship eight weeks after the campaign ends, those products have been engineered months before the campaign went up. That funny goal that they have up there ...
If you lost your principal residence to a foreclosure or short sale, TurboTax can help you deal with the tax implications, including recent tax law changes that can offer some relief.
Staying in one of those 90s “Group Without Walls” deals that cost me a year's income for two years of participation. Allowing settlement of a malpractice claim that should have been defended. Made getting affordable PLI very difficult for several years. ...
reputable dealerand kept in a safe deposit box at home, in a bank, or with a third-partydepository. The client has full legal ownership of the gold. If the bank faces bankruptcy, its creditors have no claim to the bullion in the allocated account since it belongs to the client or ...
The world ofdistressed debt investingis unforgiving. Investors specifically seek out companies that are performing poorly or are on the brink ofbankruptcythen they buy up thebondsand take control. There are always companies in the market that look terrible but are likely to get back on the right...