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
The CARES (Coronavirus Aid, Relief, and Economic Security) Act establishes many major loan and tax exemption programs to help tribal-owned businesses stay afloat and retain their employees...
Posted by Jim McClaflin, EA, NTPI Fellow on 08/15/2021
Forgiveness of debts, also known as debt cancellation, is a relief to anyone who has been in debt. But what happens afterward with the taxes? When your debt is canceled or forgiven,...
Posted by CORE PERFORMANCE on 07/31/2021
What does debt cancellation mean?Do I have to pay debt cancellation fees? What is the meaning of debt cancellation? Debt cancellation is when a creditor releases a debtor from...
Posted by The TaxAdvocate Group, LLC on 05/30/2021
There are cases in which some people will be able to get rid of all or part of their student loans using a forgiveness plan targeted at student loans. This removes the burden of dealing...
Posted by Flynn Financial Group Inc on 05/06/2021
Generally, the sooner you refinance your student loans, the better. When you refinance, a lender pays off existing loans with a new one at a lower interest rate. This will save you...
Posted by Daniel P Vigilante CPA and Profit Consultants on 04/27/2021
What a year 2020 was, and so far, 2021 has also been quite interesting. For entrepreneurs, we finally have good news regarding PPP loan repayment.After some confusion over the past...
Posted by Daniel P Vigilante CPA and Profit Consultants on 01/31/2021
The Treasury and SBA launched a PPP forgiveness loan that many borrowers will use to apply for the Paycheck Protection Program (PPP) loan. There is also an alternate EZ Form. In this...
Posted by Dennis Jao on 08/13/2020
During the coronavirus a lot of businesses struggled and the government came up with a paycheck protection program (PPP) to cushion the pandemic's effect. The idea behind the PPP...
Posted by SG Quality Accounting Corp. on 07/06/2021
