Category: Blog

What is a lien guarantee?

What is a lien guarantee? A lien is a legal claim to assets used to secure the repayment of a debt or loan. This motivates the borrower to meet the… Read more »

Are gifts liable for inheritance tax?

Are gifts liable for inheritance tax? There’s usually no Inheritance Tax to pay on small gifts you make out of your normal income, such as Christmas or birthday presents. These… Read more »

Is Congress exempt from labor laws?

Is Congress exempt from labor laws? Many statutes concerning labor and employment have no application to Congress primarily because the subject matter of the law has no relation to the… Read more »

Can I pay my wife a wage?

Can I pay my wife a wage? “Yes, you can pay your spouse a salary and should be doing so,” explains James Abbott, owner and head of tax at contractor… Read more »

What is a refi 1st only?

What is a refi 1st only? Refinancing only a first mortgage is possible if your home equity lender agrees to resubordination. This allows your refinanced mortgage to take the position… Read more »