Handling Your Debt - What Tax Implications Are There?

by William Blake Sometimes when considering different ways to handle debt some fail to consider how some options may have a better tax benefit than ... to finance just about anything - an auto purchase, repayment of credit card debt… you name it. Even if your home equity loan has the same interest rate as your credit card it is still the better [more...]

Date: 2008-09-18 18:16:28

Blog posts (9) | Videos (12)
 

Governor whacks three bills

Gov. Ted Strickland broke out the veto pen Tuesday for the first time since his first day in office, ... reserve funds, instead preferring debt financing. He said the film tax credits were inefficient ... in a lame duck session,” Strickland wrote in his veto message. Sen. Bill Seitz, R-Cincinnati, has argued [more...]

Date: 2009-01-06 22:35:11

My Dollar Plan Month in Review - July 2008

I’m a firm believer in setting goals and making plans to achieve your goals. A great way to work your plan is to monitor it at regular intervals ... for Your Mid Year Checkup 7 Ways to Payoff Credit Card Debt 12 Tips to Prepare Your Finances for Vacation I Quit! Tax Savings: How to Deduct Mileage on Your Personal Car 10 Step Plan for Debt Elimination [more...]

Date: 2008-08-14 13:29:54

$2.3 billion in crown assets for sale. Will Flaherty spend the cash or pay down the debt?

The Canadian Press is reporting that Finance Minister Jim Flaherty hopes to keep the government out of deficit in part by selling $2 ... proposing a temporary removal of the right to strike in the public service, perhaps indicating ... the national debt, and use the interest savings for tax relief stimulus. Kevin Gaudet with the Canadian [more...]

Date: 2008-11-28 02:11:48

Credit Card Settlement Can Trigger Tax

Credit card banks may offer settlement at a reduced amount if you get behind and fail to keep current on your payments. My colleague, Doug Jacobs, talks about Negotiating Your Credit Card Balance in an earlier series of articles on this website. However, if a bank or other finance company agrees to settle a debt [more...]

Date: 2008-09-07 00:48:44

Obama wants to do what?

Obama's big plan to "jumpstart the economy" includes enacting a windfall profits tax on the oil companies in order to provide $1, ... it in my IRA or pay down my credit card.But I ask you, why should the oil companies be financing my retirement or paying off my debt?Another plan to help Americans is addressing predatory credit card company [more...]

Date: 2009-01-09 02:15:00

2009 Forecast, More Banks to Fail, Retail Disappoints, Recession Stock Picks, Huge Tax Cut and More!

by Addison Wiggin & Ian Mathias How to profit in 2009: ... knows that the real economy stinks and we have too much debt. I doubt everyone realizes just how ... to reinflate old bubbles, I’m betting they can employ cheap Treasury financing to cushion the decline [more...]

Date: 2008-12-29 18:54:22

Basics About The Finance Information - Part 1

Savings. Pay yourself unrivaled. Start now stashing 10% of your income in an “Emergency” savings. Don’t aid it for anything but real emergencies. Keep a “For Sure” savings account for yearly expenses you know are coming and you can essence (e.g. Christmas, insurance, taxes, etc.). Also have a Buy Stuff account. If you do, you’ll symbolize producing to flee many financial disasters which bequeath face you, and you can escape borrowing iva or debt management from high-rate lenders. Borrowing. [more...]

Date: 2009-04-30 10:46:55

Personal Finance Hard Truth Week in Review – It’s Almost Over Edition

The campaign is in its final days.  I expect we will have six months or so before the next group of presidential wannabes begins making noises about ... of Debt Reduction and my post on Shouldn’t We Burn Credit Cards in Protest?  Oh - that candy your kids ... a website that includes their amazing tax saving calculator.  Apparently, you input your income [more...]

Date: 2008-11-01 13:34:12

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