Not all debts are the same. Although most forms of lending carry risk, certain lending decisions are more likely to send you into a downward debt spiral. We call them debt traps.It's...
Posted by Rosovich & Associates, Inc. on 08/11/2022
When you run a small business, you have two costs: fixed costs and variable costs.Fixed costs don't change based on how much product you make and sell, but variable costs do.A...
Posted by Taxes Made EZ Inc on 01/27/2022
There are many situations in which family loans can be made. Family loans can be taken out when the ex-wife or ex-husband needs money to buy a house or something similar. Or, intra-family...
Posted by Dennis Jao on 09/30/2021
Money is a fun thing when it passes between family and friends, especially if you are the one who borrows or lends a loan to a family member or close friend.The Federal Reserve's...
Posted by Taxes Made EZ Inc on 06/25/2021
There are many expenses you will likely be faced with on retirement. One of the biggest is housing. Carrying mortgage debt to your retirement might be uncomfortable as you are on a...
Posted by Abundant Wealth Planning LLC on 08/30/2020
You've done the hard work, filed your taxes, and now expect a refund. It's time to wait. But how many days, weeks or months do you have to wait? It depends. We will explain...
Posted by Abundant Wealth Planning LLC on 06/15/2020
Most students have limited experience with credit cards and other forms of credit. As a result, their credit history is generally weak or nonexistent. Therefore, the most crucial reason...
Posted by Don Bell Law on 11/30/2020
Lending money to a family member (or borrowing from a family member) may seem like a good idea: the borrower gets easy approval, and any interest paid is left to the family rather...
Posted by Valderas Financial Solutions LLC on 11/12/2019
It is best to learn the tax rules, benefits and risks before you consider lending money between family members. Doing so have two consequences either beneficial or a disaster.But,...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 11/11/2019
