MONEY AND FINANCE

What Does Interest Mean?

A good way to think of interest on a loan is to think of it as rent on the borrowed money. If you borrowed money from a bank, you would be charged a certain rate on the money loaned to you. Read More…

Tax Reduction Tips

For example, let’s say you notice the amount of your taxable interest is high. This bothers you but you haven’t done anything about it until you read this article. Now you decide to do something about it. Read More…

Demand Loan Definition

One particular loan that many businesses use is called a demand loan. The concept is relatively simple. A demand loan is an agreement providing the lender the ability to demand full payment of the remaining balance of the loan at any point in time after the loan is executed. Read More…

Avoiding The Death Tax

This method does not apply to everyone so please consult with your tax advisor/attorney/CPA before you jump into this IRS approved method. I say it doesn’t apply to everyone because the very rich and the very poor will probably use a tax structured device for their personal estate. Middle class America should seriously consider this device. Read More…