Recent content by Original Wally

Cheese? Oh dear. I just HAVE to.... Have not MADE any, but I have cut a lot. My apologies. (some) men never grow up. we just grow old.

California allows BOTH walk-ins and appointments.

Read Dave Berry's "Roger and Elaine"

Q. Paul - when a man falls off a ship, the captain says "Man Overboard". What does the captain say when a woman falls off a ship? A. Full speed ahead!

My story was not exactly with a DFM. Worked for a public utility district in Sacramento. I actually LOVED the people I worked with. I was just burned out. Period. I had given them a retirement date (12/18/2009 IIRC) Had an MD appointment on 12/07 (Pearl Harbor Day). My MD and I had an...

Indeed -concluding with "I ain't working here no more"

Retirement date choosing... We had a guy at work - Quasi State organization We all took walks around the block on breaks. "Bob" had started in 1959 and this was 1991, so he at "the" point of retiring. SO THAT was frequently the topic on our walks. He was always "one more quarter" will get...

+1

THANK YOU ALL for the varying opinions. DW and I have decided to suspend the annual conversions and will let the IRA ride. The kids will get what they get and simply have to deal with the taxes. **I** will be gone so that cannot complain to me! LOL

OK - so I have always tried to be a good dad. DW and I (both 70) have 3 children. We want to pass 30% to each and 10% to a favorite charity. Our estate is more modest than many in this forum - About $1.3M OF THAT, about $300k is in IRA accts. To make it easier on the kids, I have been...

THAT is the dilemma in accounting: If you want to make the INCOME statement as truly reflecting the current period, the BALANCE SHEET may suffer. If you make the BALANCE sheet reflect the current situation, the INCOME statement may get wonky. Sigh.

OF COURSE the exception is that deferred accounts [401(k), 403(b),457 and IRA accounts don't get that step up.

Late to the party - but here is my nickel's worth. (2 cents subject to inflation... ) Retired CPA - Have used TT in years past. H&R is cheaper and does the job well, and has been my go to for the past dozen years. ALSO volunteer with the AARP/Vita program and THEY use Tax Slayer. Don't...

Wally & Molly are planning our Estate. The Trust is all set up. Here is the issue: We have an IRA in addition to our after-tax accounts. REGULAR IRA, not a Roth. Shrug. Molly is primary beneficiary and kids are contingent. IF we both pass in a common accident, will THAT trigger any tax...