Adomaaa asked:


A person with a total tax liability of $4,350 and withholding of federal

taxes of $3,975 would:

owe $4,350.

owe $375.

receive a refund of $4,350.

receive a refund of $375.

Jayanti Patel asked:


My CPA informs me that my spouse & I will have to pay $4,800 this year for personal taxes, even though, we made a part contribution during the year. If we deposit $10,000 into a IRA a/c, we will still have to pay $2900 to IRS. Why is that? Our gross income under $50,000.00!!!

Also we have $10,000 in cash from car, garage sales. Where can we invest this money with gurantee, no risk investment?

dallelaumoo asked:


I am writing a topic regarding a comparative shopping on buying new/used cars. , I need info and opinions on this topic. what do you think of the benefits and drawbacks of either buying new or used cars. Why some people like buying a used car eventhough they can afford a new one? Why some people choose private seller rather than dealer. I am also need some help with the car CCA so I can explain how the depriciation affects people buying a car. Any electronic source would be helpful!! Thanks!

Budget League Uniter asked:


1. Do you believe there is a product out there that educates people on personal finance effectively?

2. If so, do you believe these products are priced fairly?

3. If given the choice, would you participate in a membership forum that promotes financial literacy through progression programs, meaningful discussions, and award honors?

4. How much do you think is a reasonable price to join a forum like the one described in the last question?

5. What type of information would you like to see if this forum existed?

GSUstudent asked:


I believe I would need to be series 65 qualified to “advise” people on what stocks to invest in. I’d like to learn more about what will be expected of me. I am also interested in providing personal accounting services to individuals.
I’m a full-time undergrad in accounting. I’ll be taking the CPA most likely right after getting my BS/accounting (uh huh, without a MS/accounting). My master’s degrees will complement my undergrad.

I would like to know if I am required by law or by any nongovernmental regulating authority to have a series X certification, some acronym-type certification, or anything else that will lend additional credibility to my name.

I honestly didn’t forsee anyone assuming that I would be some unqualified jerk with a business idea–or that anyone would think they’d have to suggest college. I’m doing quite well in college.

The Cincinnati Kid asked:


I want a career working with the stock market and personal finances. Moving to Wall Street is not an option, I live in Michigan. Where can I find programs that will give me the qualifications needed to get a stock market/finance career. Most colleges offer accounting degrees but I am having a hard time finding personal finance/stock market degrees.