Archive for the On Behalf of

Your Essential Guide to Logbook Loans: What are They, and What are Their Benefits?

There are many different kinds of loans consumers can apply for, but one of the most popular, especially when it comes to emergency situations where you need money in a short time, is a logbook loan. If you’ve heard about logbook loans but aren’t quite sure what they really are and how they can benefit you, here’s what you should know – your essential guide to logbook loans: what are they, and what are their benefits? How a logbook loan works: the basics When it comes to loans, the principle behind logbook loans is actually quite simple: if you have a car or other type of vehicle, you can use your vehicle as the ‘collateral’ for a loan. As the name ‘logbook loan’ implies, you simply have to give your vehicle’s logbook or registration to the lender when you take out a logbook loan. The lender will hold your vehicle’s logbook until you are able to repay the loan in full, with interest. Of course, one requirement is that you are the registered owner of the vehicle, hence the surrendering […]

[ Read More → ]

Startup? Deductions that Can Bail You Out Come Tax Season

That dreaded time of the year is quickly approaching, when we have to add up our pluses and minuses to report to the IRS. If it’s your first year declaring taxes for your start-up, it’s even more important to research the rules of deductions and not to miss out on any opportunities to lower your taxes. We put together a list of a few of the things that can bail you out come tax season. The Start-Up Phase Before your business is up and running, you are likely to have incurred many expenses from the process of analysis to building your business, which you can deduct. This period is called the startup phase and goes on either until you open up your doors for business or until you start earning income from your business. This means that once you have launched your business or made the first sale, your costs are now considered tax-deductible expenses. Start-up costs include employee training, wages, consultant fees, advertising, and incorporation or organization fees, but remember that once your startup is launched, these costs no […]

Related Posts Plugin for WordPress, Blogger...[ Read More → ]