It’s In The Details The standard rate will increase to 58.5 cents per mile, an increase of 2.5 cents. If you use the standard rate, you must reduce the basis of your ride by a depreciation component of $.26 a mile. So keep that detailed log. Business vehicle expenses are an IRS red flag like […]
Traditional or Non-Traditional, Make Your Celebration Special If any of you have been reading or listening to my rants, you know that I believe that days like Valentine’s Day, New Year’s Eve, St. Patrick’s Day, Halloween, and others are commercial holidays. Recognized and promoted by restaurants, florists, card companies, and others. You will notice the […]
Duane’s Nominees The Oscar nominations came out today. The Awards will be made on ABC on March 27th. Time to start checking them out. Maybe watch something a little new. Today I would like to give my opinion of which movies I would have nominated. The Academy can award up to 10 movies, but must […]
Who Will Move Forward Four games, three decided on a game ending field goal and one went to overtime. (Will the owners ever realize how important field goal kickers are to their success and draft them and pay them well. And quit playing in Wisconsin snowstorms.) Now for the odds on who will go all […]
Something for Everyone Many groups and associations select their favorite movies of the year. The Screen Actor’s Guild is the largest industry group with 160,000 members. Since they are all actors, their picks might be fine. Many years their picks mirror the Oscars. However, last year the SAG picked The Trial of the Chicago Seven […]
The Cost of Some Choices The DRE sent us an alert last week about a serious problem with some MLO Licensees. It seems that they made arrangements with an Education Company to give them completion certificates without doing any work, any tests, anything. An investigation has been brewing for a long time and the two […]
Getting the Facts If I get a Reverse Mortgage, the government will own my property and can take it at any time. WRONG. The homeowner continues to own the property. The lender-not the government-lends the money and the government insures the loan. The lender has the homeowner sign a note and a deed of trust […]
The IRS, Your IRA’s, and You Congratulations, you will be 72 this year. You probably realize that you will be asked to start taking money out of your IRA’s this year. Yes, that IRS regulation that most Senior Citizens hate with a passion. You have to take money out (not Roth IRAs of course) and […]
Taking a Stance Some people love it. Some people hate it. Some people do not care a bit about it, and some people do not even know what in the world all the talk is about, and then it hits them and they fall into either category one or two. It involves property tax assessment […]
New and Improved The new RPA is now released and in widespread use across the State. There are so many positive improvements, most of which are right on the first page. Now all the key contract points are listed in an easy to read grid. C.A.R. has published an excellent QUICK GUIDE summarizing the changes. […]
