Debt falls on a spectrum. Mortgages and student loans can build long-term value, while high-interest credit cards and payday ...
The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...
Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.
Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending ...
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Barry Dolowich, Tax Tips: Bad debt deduction

Answer: Since this was a personal loan and not related to your business, it is considered a non-business loan for tax purposes. A non-business bad debt is deducted as a short-term ...
There’s a lot of talk about debt and whether it is good or bad. As a general rule, when discussing money matters or, really, anything in life, whenever superlatives are used, something is probably ...
HIGHLAND PARK, Mich. (WXYZ) — At their regular meeting earlier this week, the Great Lakes Water Authority's board of directors authorized the implementation of bad ...
HIGHLAND PARK, Mich. (WXYZ) — The Great Lakes Water Authority (GLWA) Board of Directors voted today to eliminate bad debt recovery amounts for member partner ...
Firms, governments and people have racked up debt in the pandemic — and many infrastructure sectors are hard hit, too. Debt needs to be well-managed for a solid recovery supported by private financing ...
The Managing Director of LivingTrust Mortgage Bank Plc, Dr. Adekunle Adewole, has canvassed a synergistic relationship between banks and the police to ensure a more effective and less rancorous ...