Many moons ago, my parents took out a loan against a whole life insurance policy on me. Now the policy is underwater and the insurance comapny wants to terminate it and I'm taking a tax hit. Can I avoid this? [more inside]
posted by cmm on Jan 23, 2012 - 12 answers

My best friend is the largest client of my business. He would like me to purchase a car for his use through my company. Is this a terrible situation for me and how should I handle it? [more inside]
posted by anonymous on Jul 31, 2010 - 40 answers

My BIL claims that insurance settlements for injury are not taxable income in the Commonwealth of Massachusetts. I can't believe the state doesn't overfish that particular revenue stream. So, is it taxable income or not?
posted by pentagoet on Jul 17, 2010 - 5 answers

I'm purchasing a new car, and I'm getting conflicting information about what to do with an insurance settlement check I received. [more inside]
posted by anonymous on Feb 26, 2010 - 3 answers

How much should I put in my medical Flexible Spending Account for next year? [more inside]
posted by grouse on Nov 24, 2008 - 6 answers

How do I "incorporate under my business" for the purpose of deducting health care costs from my income as a self-employed person? [more inside]
posted by bad grammar on Jan 24, 2007 - 7 answers