Possible PPP Legislation & 1099-B

The Inflation Reduction Act Passed the House and Senate! Ron Cohen Episode 25

Possible PPP Legislation:
https://www.bloomberg.com/news/articles/2020-05-26/hoyer-says-house-and-senate-close-on-ppp-loan-extension

Form W-4P
https://www.irs.gov/pub/irs-pdf/fw4p.pdf

IRS Notice 2020-3
https://www.irs.gov/pub/irs-drop/n-20-03.pdf

Cash Flow

30 Year Fixed Rate Cash Flow Option Refinance

30 Year Fixed Rate Cash Flow Option Refinance The Pay Option ARM mortgage has become one of the most popular home loans in the USA, and is definitely the fastest growing option in high cost states like California, Florida, New York, New Jersey and Connecticut. While many people love the start rates which can be…

Profit From Foreclosures by Preventing Them

Profit From Foreclosures by Preventing Them What makes foreclosures so appealing to many real estate investors is that it’s not one-size-fits-all strategy. You have three basic choices when it comes to c investing: pre-foreclosure, at the auction, and after the auction. Let’s take a look at what’s involved in preforeclosure investing. Preforeclosure refers to the period…

Seven Tax Facts About Selling Your Home

Seven Tax Facts About Selling Your Home During summer months, some people sell their home. Many of those individuals will make a profit on the sale and still will not have to pay a single dime of additional income tax to the IRS. Here are seven tax facts about selling your home. Ownership and Use…

When Not to Name Your Spouse the Beneficiary of Your IRA

When Not to Name Your Spouse the Beneficiary of Your IRA

When Not to Name Your Spouse the Beneficiary of Your IRA By Robert Cavanaugh In most cases, naming your spouse as the beneficiary of your IRA makes the most sense. However, depending on your wishes, other beneficiary arrangements may do a better job of accomplishing your goals. First, let’s take a quick look at the…