Browsing: Understanding

Borrowing money is something many people do at some point—whether it’s to cover an emergency, combine other debts, or pay for a big life event. Loans…

When you use a credit card, the term APR (annual percentage rate) plays a crucial role in determining the cost of borrowing.   Understanding your APR can…

Understanding the basics of financial statements is really important, whether you’re running a business or just diving into finance. Among the most crucial elements are assets,…

Understanding futures vs. options: Which is better for you? Source link

Your net worth tells you—and others—a lot about your level of financial well-being.   A high net worth can be a benchmark of success. Having a large…

Understanding online marketplace lending Source link

Understanding the core elements of financial statements is essential for both business owners and financial professionals. Among the most crucial of these elements are assets, liabilities,…

Tax debt occurs when an individual or business owes money to the IRS but hasn’t paid the full amount by the due date. This can happen…

Losing a loved one, especially a parent, brings a lot of emotional and practical challenges. One common concern that often arises is whether children will be…

Key Takeaways:  A 1099-C does not mean you automatically owe taxes.  Insolvency is a legal way to avoid taxes on forgiven debt.  You need the right…