Category Archives: Liabilities

5 Tips for Getting Your Lender to Reduce Your Home Mortgage Payment

Over the last few years it’s been somewhat difficult for homeowners to secure refinancing for their home mortgages. It seemed like the people paying on time and in full were getting punished, unable to obtain the outrageously low interest rates that their neighbors, who hadn’t paid their mortgage in months, were being handed like candy

Do You Pay Taxes on Lawsuit Settlement Money?

People file lawsuits for a wide variety of reasons. Perhaps you have been injured in an automobile or work-related accident and the responsible party refuses to pay. Maybe you suffered wrongful termination and you want back-pay, as well as punitive damages. Or it could be that you are a contractor who completed work and never

The Impact of Divorce on Your Taxes

For most people, filing income tax returns annually is a chore best handed off to professionals. This is not to say that plenty of people don’t still try to file their own returns, especially now that they can be done online, but generally speaking, the longer we live the more complex our taxes become, until

Should You Invest in Office Space for Your Business?

In the current job market, many skilled and knowledgeable workers are finding themselves unable to get the kinds of employment they’re trained for. As a result, some have turned to alternative methods of earning in order to continue growing their careers and bringing in the money needed to pay the bills. So it’s no surprise