Blog Archives

Issuing a Bad Check

Issuing a Bad Check Issuing a Bad Check In some cases, you may want to pay for another party by check instead of cash or debit/credit. However, it is important that when you write and give the check to the receiving party, that you
Posted in Finance

Business Credit, How To Build and Maintain It

Build and Maintain Your Business Credit How to Build and Maintain Your Business Credit It is a daunting and rather desperate situation for small businesses seeking capital injection. While banks have relatively hardened their lending practices and seem reluctant to ease them anytime soon, business owners
Posted in Finance

Deduct Your Commuting Expenses From Your Taxes

Deduct Your Commuting Expenses From Your Taxes How to Deduct Your Commuting Expenses From Your Taxes When it comes to tax deductions, nearly every penny counts. Given the economic situation and persistent unemployment, a relatively large number of people work at home and meet their clients or
Posted in Finance

How to Make Sure Your Customers Pay You

How to Make Sure Your Customers Pay You How to Make Sure Your Customers Pay You The volatility and uncertainty engulfing the economy have plagued business owners and customers alike. In fact, customers do not pay on time and request payment extensions on bills. This causes a ripple
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How Banks Charge Us Overdraft Fees

How Banks Charge Us Overdraft Fees How Banks Charge Us Overdraft Fees Unfortunately, most of us at one time or another has experienced the dreaded overdraft fees. Banks used to charge consumers up to $35 for $1 overdrawn from a checking account. However, unless we understand
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Probably, Getting a Jumbo Loan to Get Tougher

Probably, Getting a Jumbo Loan to Get Tougher Probably, Getting a Jumbo Loan to Get Tougher Government support for relatively exorbitant mortgages backed by Fannie Mae and Freddie Mac are set to expire at the end of this year, unless Congress acts. Let us further analyze the implications
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Getting Tanned And Getting Burned With Tanning Tax

Getting Tanned And Getting Burned With Tanning Tax As part of the health care overhaul, Congress, seeking to fund such behemoth piece of legislation, imposed 10% taxes on tanning. However, as with any bureaucratic move of such magnitude in its infancy, the taxing poses some unresolved challenges and
Posted in Finance

How To Do Your Tax Planning In Current Uncertain Times

How To Do Your Tax Planning In Current Uncertain Times Amid partisan bickering in Washington DC and volatile economic conditions, businesses and individuals alike feel abandoned and to some extent frightened. The question they all might have in mind is how to protect their hard-earned dollars. Let us explore this
Posted in Finance

Tax Vocabulary: Some Of What We Should Know Now

Tax Vocabulary: Some Of What We Should Know Now To know our rights, it behooves us to understand some of the tax jargon often used by the media such as tax expenditures, tax gap or the difference between tax credits and tax deductions. Let us further explore these rather
Posted in Finance

What Are Some Tax Implications Of Real Estate Flipping?

What Are Some Tax Implications Of Real Estate Flipping? In this uncertain and volatile real estate market, some people with available cash purchase relatively undervalued properties, make some improvements and wait to sell them at a profit. Despite the pros and cons of such real estate investment strategy, such
Posted in Finance