A zero-coupon bond is a type of bond that does not pay periodic interest (coupons) to the investor, unlike traditional bonds. Instead, the bond is sold at a discount from its face...
Foreclosures, repossessions, voluntary conveyance, and bad debts have tax consequences for both the creditor and the debtor. In the event of default, the lender may seize or restructure...
Posted by Dennis Jao on 01/17/2023
One good thing about trading is that all you have to do to become a trader is get started. Many people trade as a hobby, while others trade full-time for a living, and some traders...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/16/2022
Tax debtors, it's time to pay up before the IRS comes for you. How to settle tax debt with the agency is easy and flexible. Some options allow you to deduct a few pennies, while...
Posted by Dennis Jao on 10/16/2022
A student loan is a necessary evil most students subject themselves to when faced with hard financial times. The offer is inevitable but avoiding mistakes can. Many students have made...
Posted by Pat Raskob on 07/09/2022
A credit builder loan is a type of loan exclusive to helping people build a positive credit history. It features an installment loan system with fixed monthly deposits; these deposits...
Posted by Tiffany Gaskin on 03/23/2022
Joint filing has its benefits, and that is why most couples opt for it. But, just as there are benefits to filing jointly, it also comes with its downsides. This often takes the form...
Posted by Rosovich & Associates, Inc. on 12/18/2021
Defaulting on your business loan will trigger a series of negative consequences. It might accelerate the loan, making you owe the entire loan balance rather than what is outstanding...
In paying off student loans, one can use many approaches. While a borrower might consider a repayment plan hinged on income to take care of their monthly bill, another might consider...
Posted by KLSM CPA Firm PLLC on 09/03/2021