Knowledge Base

College debt consolidation loan for your secure future

Jul 29th, 2009 | By Finance Guide | Category: Debt Consolidation, Knowledge Base

If you are finding it difficult to repay your college loan, then college debt consolidation loan is the best option for you. You not only save on interest but also reduce your monthly repayment.



Assets you can save when filing Bankruptcy

Jul 28th, 2009 | By Finance Guide | Category: Bankruptcy, Knowledge Base

If you are in financial mess and planning to file bankruptcy this is the article for you. You can find out how you can save your assets from the creditors.



Is your American Scholarship Taxable?

Jul 15th, 2009 | By Finance Guide | Category: Knowledge Base, Taxes

Tax treatment of scholarship received is not easy. In this article I have tried to simplify the tax treatment procedure of fellowship or scholarship that you have received when pursuing your education in United States.



Debt Consolidation Scam that you need to know

May 18th, 2009 | By Finance Guide | Category: Debt Consolidation, Knowledge Base

Many people are fooled by debt consolidation scams. In this article you will find the most common way by which people are fooled. If you are a victim of such a scam I have enlisted certain remedies which you will find useful.



Dealing with Tax Audit: Strategies and Procedures – 1

Jan 14th, 2009 | By Finance Guide | Category: Knowledge Base, Taxes

If your accounts have been called for audit you will have about two weeks to get your records in order. If for some reason you are unable to get your records ready within the stipulated time of two weeks you can always ask for an extension.
If you cannot appear in person then you can mail [...]



Dealing with Tax Audit: Strategies and Procedures – 2

Jan 14th, 2009 | By Finance Guide | Category: Knowledge Base, Taxes

The ruling of your auditor has 3 possible outcomes, the outcomes are
a) No Extra Tax Payable
b) Additional Tax Payable
c) Refund of Tax Paid
In most cases you will find that your taxes have increased.
In case you agree to the raise it is fine. What if you don’t have money to pay for the additional tax charged? [...]



Cell Phone or Mobile Phone Deduction

Jan 7th, 2009 | By Finance Guide | Category: Knowledge Base, Taxes

For most people reading this article mobile phones are a necessity which they cannot live without. To claim depreciation on your cell phone the following conditions must be fulfilled
Use of Mobile Phone
You must use the cell phone specifically for the benefit of the employer. Cell phones used for personal benefit do not qualify for depreciation [...]