List/Grid Author Archives: James Hamill / For the Journal
Care costs for chronically ill deductible
Q: My wife is 88 years old and diagnosed with Alzheimer's. She is currently at a nursing home ...
Rules guide unlimited education gifts
Q: We are grandparents who are very proud of our two grandchildren and want to help them with their ...
Roth account yields ordinary gains, losses
Q: I need advice on closing out a Roth account by the end of the year to claim losses. I have invest ...
N.M. law eases property transfer at death
Q: Recently, I read something about a couple putting their adult daughter's name on their bank ...
No IRA penalty for education withdrawal
Q: I am 57 years old and a grandparent of an 18-year-old college freshman at Colorado State Universi ...
Base self-employed taxes on last year’s
Q: I am a business consultant who works part-time out of my home. The past few years my income has r ...
Private coach strikes pay dirt with ‘hobby’
In the animated movie series "Madagascar," one of Marty the Zebra's personal probl ...
Your Taxes: Vacation home still eligible for deduction
Q: My wife and I have owned a vacation property in Colorado since 2003. We have used it for ski trip ...
Home-equity debt interest deduction capped
Q: My wife and I own our house free and clear. We have three children that will be attending college ...
Six-pack of tax increases looms on Jan. 1
There are people who exercise on a regular basis, eat healthy, and are rewarded with a "six-pa ...
Clearing up confusion over gain exclusion
I've had a lot of questions about the exclusion that applies to gain from the sale of a princi ...
Tax reform could be a way out of morass
President Barack Obama recently drew a line in the sand. He would not accept cuts in entitlement programs without tax increases. Pundits seemed to agree that the president’s revenue proposals... Read more »
