You can come across with tax exemption in many aspects of business; however, you should strictly understand that the main mission of tax exemption is to cut or completely remove your commitment to pay taxes. That being said the question remains, what is considered a tax exemption in the US? Generally, there are several ways…
Medical emergencies, roof leaks, car problems, and similar unforeseen expenses tend to come when you least expect them. Unfortunately, most people do not have money on the side to handle such expenses. As a matter of fact, over 40% of adults in North America admit that they do not have money to handle an expense…
Installment loans – The internet is a big, beautiful place with all sorts of great options that you can’t necessarily find at brick and mortar locations. That being said, there are a lot of things that you may be looking at in terms of finances. How can you be sure that you get the resources…
CMHC revises mortgage program – The Government of Canada is expanding its revised Insured Mortgage Purchase Program (IMPP) to further bolster the financial system and the Canadian economy. This expansion is part of a suite of measures passed in the Emergency Response Act. As a result of additional authorities granted by the Minister of Finance,…
Clients could face credit score hit with deferred payments – Some Clients of the big banks couldn’t get answers about mortgage deferrals over the last few days. The reason being is eligibility requirements are changing by the hour. However the banks and trying hard to keep up with all requests. The big bank call centers…
Are you needing quick cash to cover an unexpected expense? You’re not the only one — nearly 1 in 3 American workers run out of money before payday, even those earning large salaries. Luckily, there are plenty of fast loan options you can take advantage of. They all come with pros and cons, so it’s…
An estimated three million Canadians have one, and they have emerged as the single largest contributor to the growth of household debt in Canada. Yet many consumers do not appear to fully understand how they work. No, we’re not talking about credit cards or car loans. We’re talking about home equity lines of credit or…
Living from pay check to pay check can be a very stressful so many of you might ask what is a Payday Loan? A Payday loan is useful for many reasons, such as: in the event that you have to cover sudden costs like a fixing your car or family crisis, a payday advance can…
At last, you have decided to take a long term loan. Well, that a good step. At least, those financial challenges will not bother you anymore. You will purchase that dream car. You can now refurbish your house. In fact, there are endless things you can do with a personal loan. With a long term…
Being in debt is usually not a pleasant experience. Many of us who are in debt would do quite a few things if they could be released from their financial obligations. As it turns out, there are quite a few techniques you can use to dig yourself out of this hole. 10 Tips to conquer…
Learning how to trade the stock market is a dream to come true for many people and here are some tips from the best traders. But how do you understand all those quotes, indices, behaviors and that huge amount of numbers changing all the time? To prove to you how all this can come true,…
Despite the fact that Canada’s household debt-to-income ratio has slightly decreased over the year (from 177.5% in the first quarter to 177.1% in the second) many still continue to struggle. Data shows that households are using a record 14.9% of their spending money to pay for debt obligations like the ever-growing cost of growing interest payments….
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