Virtually every individual who files a federal income tax return for years 2018 or beyond will be affected by tax legislation approved in 2017. One of the changes brought about by the Tax Cuts and Jobs Act (TCJA) is an expansion of the child tax credit. Even some tax filers without children may now be eligible to claim a smaller credit similar to the child tax credit. Increase in Credit Amounts [Read More]
Home Equity Loans, Lines Of Credit, And Cash-Out Refinancing: What's The Difference?
If you have a lot of equity sitting in your house and a lot of expenses coming up, what's the best way to put that equity to good use: a home equity loan, a line of credit, or a cash-out refinancing plan? Use this guide to learn the difference and see what makes the most sense for you. Home Equity Loans Home equity loans are often the easiest for homeowners to understand, they work essentially just like a mortgage does. [Read More]
Bid Bonds And Construction: What You Need To Know
If you are preparing to place a bid for a construction project, you need to be prepared to post a bid bond. A bid bond is a surety bond that will provide protection to the owner of the project. The following are some things you should understand about bid bonds and why they are important in the scope of the construction industry: Bid Bonds Defined A bid bond is a surety bond. [Read More]
What You Need To Know Before Agreeing To Sign For A Bail Bond
Having a friend or loved one in jail can be a very distressful situation for many people. If you would like to see him or her be able to come home while awaiting their court date, you will need to bail them out. Oftentimes, people find that the amount of the bail is much more than they can afford to pay on their own. This is when they turn to a bail bond agent. [Read More]