Tax Breaks for Home Mortgage Interest
Home mortgage interest can provide a very large tax deduction. You also may be able to transform nondeductible expenses into fully deductible interest by using your home as collateral for the loan.
Taxpayers Become Victims of E-mail Scam
The U.S. Treasury Department’s Electronic Federal Tax Payment System is a safe and convenient way to file and pay your taxes online. However, beware of email scams claiming your credit card has been enrolled to pay taxes due.
Dealing with Investment Risk
Every investor needs to know investing in the stock market requires a thorough understanding of the risks involved. With any investment there is a risk-return trade off based on a degree of uncertainty—the greater the risk, the greater the potential for return if that risk pays off.
Margin Trading
When an investor purchases securities, the securities may be paid in full, or part of the purchase price can be borrowed from a brokerage firm. If funds are borrowed, an investor is trading “on margin.” In order to trade on margin, an investor must open a margin account.
Independent Contractor versus Employee
The good news is your small business has really taken off. The bad news is you need to hire help! The kind of help you hire is an important business decision.
Spin-Offs
A spin-off occurs when a parent company divests itself of a subsidiary or a division of the company. The subsidiary or division then becomes a separate, independent company.
Georgia HOPE Grant & HOPE Scholarship
The HOPE Scholarship programs were established in 1993 for Georgia residents who are seeking a higher education degree. There are several types of HOPE programs, including grants, scholarships and scholarships for non-traditional students.
Hold On To Your Home’s Receipts
Any improvement you make to your home that is not a repair increases your basis in the property. Keeping up with the basis in your home is extremely important when calculating your gain when you sell.
Employer Provided Benefits
An employer can provide many different forms of medical coverage benefits to its employees. Some are tax advantageous for the employee, while other plans are required to be included as income.
Private Mortgage Insurance
Private Mortgage Insurance protects the lender in case of default of the homeowner to pay the mortgage. It is generally required for mortgages with less than a 20% down payment.