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13 Dec 2017, 1:55 pm by Kelly Phillips Erb
Those that are likely to remain are the charitable donation deduction; a modified home mortgage interest deduction; and a limited state and local property tax deduction (the Senate version would also retain the medical expense deduction). 8. [read post]
12 Dec 2017, 9:57 am by Wolfgang Demino
The proposed class representative, Saliha Madden, alleges that the defendants violated the FDCPA by charging and attempting to collect interest at a rate higher than that permitted under the law of her home state, which is New York. [read post]
12 Dec 2017, 9:57 am by Wolfgang Demino
The proposed class representative, Saliha Madden, alleges that the defendants violated the FDCPA by charging and attempting to collect interest at a rate higher than that permitted under the law of her home state, which is New York. [read post]
6 Dec 2017, 7:34 am by Kelly Phillips Erb
And, he “routinely diverted corporate funds for his personal use” including paying his mortgage from business accounts and taking cash out of the company on a weekly basis. [read post]
3 Dec 2017, 2:57 pm by Kelly Phillips Erb
The $1,000,000 cap applies to a mortgage on your primary residence plus one other home. [read post]
30 Nov 2017, 11:29 am by Rebecca Tushnet
”  Defendants argued that there was no reference to Silva, and that even if “the use of the first-person-plural to refer to a corporation and its agents is somehow flawed, it is at most the mildest of innocuous puffery posing none of the risks the [false advertising law] protects against. [read post]
10 Nov 2017, 12:53 pm by Colby Pastre
Retains the charitable contribution deduction and the mortgage interest deduction for purchases, but eliminates the mortgage interest deduction for home equity debt. [read post]
10 Nov 2017, 10:22 am by Kelly Phillips Erb
The $1,000,000 cap applies to a mortgage on your primary residence plus one other home. [read post]
10 Nov 2017, 6:40 am by Colby Pastre
This increases overall liability and makes the U.S. comparatively unattractive as a home for multinational corporations. [read post]
3 Nov 2017, 2:48 pm by Colby Pastre
Retains the mortgage interest deduction, but with a cap of $500,000 of principal on newly-purchased homes. [read post]
2 Nov 2017, 8:12 am by Colby Pastre
Other Deductions and Exclusions Caps the mortgage interest deduction at $500,000 of principal for new home purchases. [read post]
23 Oct 2017, 8:48 am by Donald Petersen
Although corporations promote arbitration as more efficient and equally just as the courts, neither is true. [read post]
17 Oct 2017, 1:43 pm by dhdlaw
  Thus, if you own a home worth $200,000, which has a $100,000 mortgage against it, executor’s and attorney’s commissions totaling six percent of the home would result in probate fees of $12,000 (based on the $200,000 value of the property), not $6,000 (based on your $100,000 equity in the property). [read post]
17 Oct 2017, 7:00 am by Mike Habib, EA
For tax years 2010 through 2021, an eligible homeowner (i.e., one who meets the requirements of Code Sec. 163 (dealing with deducting interest) and Code Sec. 164 (dealing with deducting taxes), and participates in a State program in which the program payments could be used to pay interest on the home mortgage) may deduct the lesser of:  The sum of all payments on the home mortgage that the homeowner actually makes during a tax year to the mortgage… [read post]
17 Oct 2017, 7:00 am by Mike Habib, EA
For tax years 2010 through 2021, an eligible homeowner (i.e., one who meets the requirements of Code Sec. 163 (dealing with deducting interest) and Code Sec. 164 (dealing with deducting taxes), and participates in a State program in which the program payments could be used to pay interest on the home mortgage) may deduct the lesser of:  The sum of all payments on the home mortgage that the homeowner actually makes during a tax year to the mortgage… [read post]