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Save Money on Taxes - Double Your Income Now With Tax Saving Tips on Deductions
Drew Miles
Adding Your First Additional Stream of Income Most new wealth builders currently have a full-time job. After realizing that means “Just ----Over Broke” they commit to quitting their job and starting...
Saving Taxes with Your Home-based Business
Ryan H. Law
HOW TO KEEP $5000 IN TAXES THIS YEAR
Today we will review some ways of saving taxes through your business. The information contained in this report comes from the IRS tax code (you will...
Selling Your Business - A Tool To Reduce Taxes
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Taxes and Your E-Commerce Business
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Starting an online business can seem overwhelming at first. Finding the right domain name, getting reliable hosting, web design, and figuring out credit card transactions are full-time concerns. One...
Taxes as a Competitive Advantage in the Global Economy
Robert E. Cannon
Building an ownership society in a tax competitive world. Like many fellow citizens of this great country, I listened to the President’s Inaugural Address on January 20th. It was interesting, but it...
Taxes Made Easy for Your Home-Based Business
Kathy Burns
I had never heard of Gary W. Carter and had never read any of his books until now – and I have to say I'm really glad that I did. Anyone who has a home-based business or is contemplating starting...
Taxes, Taxes, Taxes: Who Really Pays The Most?
David Berky
Each April our thoughts turn to the coming of spring and the coming of the tax man. I hear a lot of people complaining about taxes at this time of year. Not just that they have to do their taxes and...
THE MOST OVERLOOKED WAY TO LEGALLY DECREASE TAXES IN 2005
Tim Merrell, "The Dental Guy"
By Tim Merrell, the Dental Guy copyright 05-2005 I rushed upstairs dodging the toys, two small children and a border collie. I grabbed the phone just before the answer machine kicked on. “Do you...
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Alabama
Get The Facts on Debt!
Repossessions, wage garnishment, property seizures and foreclosures are words which strike fear into the heart of every consumer.
The general assumption is that overdue debts will result in these drastic measures. Sure, if you've put up property as collateral on a loan which you are unable to pay, it will typically be seized or repossesed. But the same does not necessarily hold true for unsecured debts. In reality very few creditors will ever push for garnishment on small unsecured debts. Garnishment and seizure are a creditor's most effective weapons to collect an outstanding debt, but they are also very expensive and time-consuming to the creditor. While it is within the creditor's legal rights to pursue collections through any of these means, the cost of recovering a debt often exceeds the amount of the debt itself, and so it's not always cost efficient to force a collection.
Sadly enough, in the United States alone thousands of bankruptcies are filed every week in response to collection efforts on unsecured debts under $5000. Consumers are so intimidated by creditors that they fold under the perceived pressure, resorting to bankruptcy as a means of escaping an unsecured debt. If these same consumers had simply ignored the threatening letters and intimidating phone calls, they would have discovered that most creditors are all bark and no bite. Bankruptcy is arguably the worst type of negative listing you can have, and it is almost certain to wreak havoc on your credit report for the next ten years. You should therefore consider a bankruptcy lawyer only as a last resort, and possibly never as an option to escape a relatively small, unsecured debt.