Experience How often should a portfolio be rebalanced? There is no hard and fast rule on this topic, but from all the studies I've read over the years (and the academics look at this question in depth), I recommend to clients that we rebalance any asset class in the portfolio, i.e., international, small company, large company, real estate, bonds, etc., that is more that 25% above or below its target.
So Part V is where you get to list all the "other" expenses for which the IRS didn't happen to include a separate line in Part II. Now, take note of the simple fact that even in Part V, there are only nine blank lines to record your other expenses. Even that may not be enough space for you to record all your other expenses. So where do you put them, if you happen to have more than nine? Simply use a separate sheet of paper and label it with you full name and social security number, along with the heading "Supporting Statement for Schedule C, Line 48." And then list all the valid expenses you have which do not happen to fall into one of the 19 expense categories found in Part II. If those gazillion billions of potential people who will never know even a second of existence could talk, do you think they would tell you that they'd gladly take on the problems of living life? However, the average cost will be the same for every accountant. -> Check the kind of technical support they offer. Prefer a service provider having 24X7 support.
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