Borrowing money from family members can be a risky business. And while all debt is risky, family loans come with all kinds of dangers.In spite of the fact that family lenders don't...
Posted by Abundant Wealth Planning LLC on 04/26/2022
Your wages may be subject to garnishment when you do not pay financial obligations. A garnishment order is not required for child support, unpaid income tax, or federal student loan...
Posted by Dennis Jao on 10/30/2021
The concept of saving money involves letting go of what you want at the moment for a better future. However, with the introduction of credit cards, loans, and EMI schemes, people can...
Posted by KLSM CPA Firm PLLC on 10/24/2021
You might need to report the canceled amount as income on your tax return if you could get a debt write-off or forgiveness. You should know what to expect so you don't end up with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/20/2021
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
When it comes to financial management, debt management is an excellent skill. Whatever the type of debt – car finance, student loan, home mortgage, here are debt reduction skills...
Posted by Taxes Made EZ Inc on 04/30/2021
Marriage is a beautiful thing that many people look forward to. It presents a unique opportunity to live together with your heartthrob eventually, and it changes a huge part of your...
Posted by Income Taxes and Bookkeeping LLC on 03/31/2021
For people with tax debts, it is possible that Uncle Sam will garnish some part of the wages in a process known as a continuous levy. This happens when someone does not respond to...
Posted by KLSM CPA Firm PLLC on 03/26/2021
A student's credit card helps students pay for college needs of students without income. It is also a good idea for a student whose credit score is not enough for a regular credit...
Posted by Taxes Made EZ Inc on 10/16/2020
