The Federal Tax Credits Blog

Posts Tagged ‘irs’

Learn to Use the Lifetime Learning Credit!

Question: I heard debt settlement is easly with Cread cards BUT?

I know the only I can get a debt settlement with GE Money Bank and Good year tire is if I do not pay my bill for a few mouths. The only problem is that there fees and interest add to my bill which will cause the debt to almost double I settle for 50% I will pay almost what I would paid in first place then They will tell the IRS I made money by settle which will cause me a TAX problem. I also think Straight up default would be better It will go on My Carad report the same and There no Taxes on it since I still owe the money. the Debt is 1100 to GE and 650 to goodyear. Credit counseling says they can not help me because it below the standers.

1. Would I be better to Settle or stright up default

2. What possible of getting sued or repo?

3 would I end up paying more be setteling than making min payment for a while untill I get a head again.

Answer: Note about credit cards:
They never settle for below the amount of purchases you bought on your card.
What they take off is some of the late fees, high interest rates, etc.
You will always come out losing if you settle.
Make that min payment – at least.
You could face being sued by a collection agency if you don’t pay – easily…

Debt Consolidation Options Freedom Debt Relief

Question: Working tax credits?

can someone please post the link to the working tax credits application / claim form.
I have been looking on the HM Revenue & Customs web site but cannont find it.

Many thanks

Answer: just google “working tax credits” and it will come up with your link

Nevis Citizenship and Passport Program by Thetabiz Offshore Services

Question: 2008 Tax Credit to aid first-time homebuyers:?

In early 2008, I purchased a home and was able to receive a credit of $7,500.00 at tax time to be paid back over 15 years, interest-free. Now this question will be open for a while… The question is this: Can the 2008 Home Buyers Tax Credit be refunded by any means? I mean don’t get me wrong, I certainly appreciate this credit (which has allowed me to stay in my home through tough times), but wish I would have been so lucky to have purchased by first home in 2009 where the EIGHT GRAND is free money; fully forgiven:

So if you have any advice of any way to see if this credit can be changed, your answer would be much appreciated.

Answer: As of now, the 2008 credit has not changed.

You still have to pay it back over 15 years beginning with your 2010 tax return.

Harper’s First-Time Home Buyer Plan is Garbage

Question: Mortgage, Refinance, Debt Consolidation, Construction, Home Improvement…?

I’m a loan officer for Access Mortgage and Financial, we do 500+ credit scores. Contact me toll free at 877-LOAN-103 and ask for Josh. We do first time buyers, home improvement, debt consolidation, re-finance and more. We handle all credit scores, good or bad. Don’t ever pay for a loan application, they are free and can be done over the phone. You can contact me by phone, email, IM. Please only serious inquiries. We are currently licensed in 14 states
Hmmm, this is the advertising/marketing section so why can’t I advertise? I feel like your answer is violating guidelines, you didn’t answer the question, you stated your opinion and got 2 points for it. Let the people at yahoo worry about me. And if anyone out there is seriously interested please contact me. For those of you who just want to criticize then save your 2 points for a real answer to someone who will appreciate it.

Answer: No, thanks. I’d never do business with someone who doesn’t read and follow the guidelines of this site. Posting ads here violates the guidelines.

First-time buyer mortgage at 8.5% was a mistake, says Halifax

Mortgage brokers shocked at 8.5% loan – as Halifax speedily takes down ‘dummy product’ from website A mortgage charging interest of 8% above the base rate and purportedly intended for first time buyers has appeared on the Halifax website “by mistake”, the company said. The bank published the terms of the 95% loan-to-value loan on the intermediaries’ part of its website, including that it had an …

arizona first time home buyer, 1st time home buyer programs