There are several costs, fees, and other deductions that can help support truck drivers when it comes to taxes. While the truck owner can reimburse some, independent drivers can also claim this support. Those expenses will add up if you are not mindful of what...
In 2009, General Motors filed for bankruptcy due to losing $86 billion from 2005-2009. Once under the bankruptcy protection law, they would be entitled to receive bailout funds from taxpayers amounting to $10 billion. Since General Motors also invested in infrastructure and spent $66 billion...
When filling out a loan application, you will be required to provide your personal information along with other specifics like the type of loan or amount for which you are applying. Most lending firms are more than happy to see that you qualify for a...
With Joe Biden declared as the president-elect, we now have a clearer picture of the tax opportunities to expect after his January 20th, 2021 inauguration. There are four distinct time frames to look out for, namely: November 3rd to December 31st, 2020 January 1st, 2021...
Sometimes the Internal Revenue Service (IRS) is willing to work with people who have fallen behind on their taxes but want to wipe their tax slate clean. However, they first need to prove they qualify for something known as ‘the offer in compromise,’ or simply...
