When a family decides to hire someone to work in their home, they’re frequently doing so for the first time. Whether they’ve just had their first child and need a nanny or they’re hiring someone to take care of an elderly or disabled loved one, the vast majority of Americans have a very limited understanding […]
A new survey found that a majority of American adults (51 percent) have delayed at least one important life decision in the last year due to financial reasons. This represents an increase of 20 percentage points from a similar survey conducted in 2007.
In recent years, accounting and tax professionals have become experts at advising their clients about the tax consequences of foreclosures, short sales, loan modifications and walk-aways. In fact, you may have assisted so many clients on these transactions in the last seven years that what used to be a challenge may now seem like “old hat.”
A new foreclosure rescue scam promises to help distressed homeowners keep their homes through the use of a "securitization audit." "The only problem, according to investigative firm Mortgage Fraud Examiners: These "hucksters" are charging fees for information that's free to anyone for the asking, and knowing who owns the note won't save anyone's home."