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If I live in FL and open a CD in another state that has income tax, do I have to file tax return there?

No, you won't have to file a tax return in the other state. I'm a Tax Preparer, and we have clients who live in one state and have bank accounts in another state, and they've never h...

Is this fake email or real email about giving money?

SCAM!

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Responsibility of external and internal auditors?

The auditors found the problems that the company was lying about. They are the good guys. You need to look into suing the company for misstating the financial reports.

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How can you make a corporation payoff a profit sharing check when you elect to take cash instead of rollover?

The Plans "Summary Plan Description" (SPD) should outline these things. Worst case, contact the DOL which governs corporate retirement plans, and/or threaten your ex-company to comply or ...

Alegebra word problem?

Here's one way to do it: You have account A at 6.5% and account B at 5.5%. You want 6.5% of A to equal 5.5% of B. The total investment is 12,000. So, A + B = 12,000. However, you have t...

Are IRAs (US) or ISAs (UK) (retirement accounts) subject to inheritence tax?

USA - they are NOT a part of the estate for estate tax purposes. Each beneficiary will include the TAXABLE portion of the funds on their individual tax returns. 401K's and IRA's are t...

What happens when a stock changes symbols?

The symbol will change. And any decent company you have an account with...should eventually recognize that. You still own the stock too.

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401k Withdrawn Due to Under $1k Limit?

A lot of plans have provisions to automatically distribute balances under a certain threshold when the participant is no longer with the company. That information could have been found in the Summa...

Reviews needed about E*TRADE BANK.?

e*Trade is an investment site as well as a banking site. Be sure you're looking at the right place. Investments are not FDIC insured and certainly may lose value however, if you are truly se...

What is the address of customer grievance cell for shutdown of co-op bank without information?

You can send you grievances to the Banking Ombudsman of RBI at the following link. I think it will certainly work. ...

Can you find a formula for the following situation?

If the investment returns more than the loan repayments then that is the better way, as you are making money. The loan will decrease more rapidly (as interest is building slower) than the investme...

Explanation of terminal value?

In finance, the terminal value of a security is the present value at a future point in time of all future cash flows when we expect stable growth rate forever. It is most often used in multi-stage ...

Accounting questions(pls answer if you are sure of it)?

1d - the first three involve the accumulation of the information which is communicated by reporting financial statements. 2b - consistency applies to the consistent use of the same principles from...

Etrade roth IRA?

With only $1000, I too would buy ETFs. You can buy ETFs on just about anything now (the Dow. S & P, energy, financial, utilities, you name it). You can even buy ETFs that are the same as shor...

Compunding interest with an annual contribution?

If you knew the PV of the annual contributions, you could use the same formula. If the annual contributions are the same amount each year, then you can use the Annuity formula to find the PV of th...

Which type of savings would generate the most interest?

I can't think of anything that would get 10 - 15%... the highest I could speak of, out of personal experience, would be a CD account, which could get you between 4 - 5.5%. Try www.Emigrant...

How can I sort this Mortgage nightmare out?

Your only hope is to get your name off of the mortgage notes. He'll have to refinance to do that. Until the mortgages are retired (paid off) you will be facing this continuously. Tough less...

What kind of investments can i make?

If you are just starting out in the working world, its good to put some money into savings first. Like one month's salary or one month's expenses. Savings accounts are easy to get in and ...

If i want to get CPA, should i get my BS degree in Finance first? Then Master in Accounting?

If you're interested in investment banking, etc. you should go with a finance BBA and then the MBA. Instead of the CPA, go for a CFA (Chartered Financial Analyst). It's a set of three v...

What are investments such as traditional bank products like checking, savings accounts, money market accounts,

Income assets.

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Accounting policy in bank?

What is the classification of the investment? If it is classified as Held at Fair Value through Profit or Loss, the bank must have recognized a gain or loss recorded in the income statement as a r...

What is the Best Way to Save After Bankruptcy?

Yes a savings account would be a good way to go.

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Accounting Journal?

(d) July 15, 20XX鈥擳ransferred temporarily restricted funds in the amount of $3,000 from investments to pay for additional arts and crafts supplies. Dr Cash $3,000 Cr Investments $3,000 If you...

What exactly is a CD (not the music disk, I mean the kind from the bank)?

It's short for 'Certificate of Deposit'. The banks offer you a slightly higher rate of interest because -- unlike savings accounts -- you lock your money up for a fixed amount of ti...

I'm 23 yrs old. How quick could I become a millionaire?

for investments, Real Estate!!! Hands down. Otherwise open your own business. What type of business are you interested in profiting from?

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Find The Balance after 5 years...........?

250 * 4.5% = 11.25 + 250 = 261.25 After 1 Year 261.25 * 4.5% = 11.76 + 261.25 = 273.01 Balance After second year. That should be enough info to figure out eveerything else. but after 5 ...

How does Merrill Lynch keep getting customers?

Good question. 1) Merrill Lynch is a powerful marketing machine. They appeal to people's egos by making them feel important and holding their hand. 2) The appeal to the brokers is "...

Income tax audits?

Audits are typically three-year lookback period. In the case no return was filed a year, then IRS can go back to that year.

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401 K Withdraw Question?

They should have withheld 20% but your tax and penalty will be more than that. You will be taxed at your marginal rate plus a 10% penalty and if you have state income tax you may have that and a pe...

How do mutual funds/stocks earn compound interest?

If the stock doesn't pay dividends then it doesn't really compound, but what it does do is appreciate(grow in value). If it pays dividends and you reinvest the dividends that where compo...

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