by Leif Jensen | Apr 11, 2017 | General |
Last week one of my client’s bank statements came into our office. They use our office as their address of record for their home based business. But what was startling was that the First Merit Bank statement came in as Huntington Bank. So the consolidation of...
by Leif Jensen | Apr 10, 2017 | General |
When was the last time you reviewed your portfolio holding? Unless you own individual stocks have you read the prospectus to see what you holding actually contains? So what does your portfolio hold? Is it a derivatives portfolio of is it a Buffet portfolio?...
by Leif Jensen | Apr 5, 2017 | General |
No or low money down mortgages, no it’s not 2006. But it is looking that way through certain prisms. It looks like there are a few programs from the government that have no money down mortgages. FHA, VA, and USDA have programs that allow new or repeat home...
by Leif Jensen | Apr 4, 2017 | General |
The futurists predicted that ATM cards will soon be a thing of the past, and they were correct. Banks and ATM service providers are racing to deploy new technology machines that will offer bank customers cardless access to their cash. JPMorgan Chase has...
by Leif Jensen | Apr 3, 2017 | General |
Are you paying alimony? Make sure to verify the language in your divorce agreement. The instrument cannot say the amount is nondeductible. Two taxpayers who were required to make payments to ex-spouses learned this lesson the hard way. The IRS reversed...
by Leif Jensen | Apr 2, 2017 | General |
With the new boxes on Form 1098, the IRS is collecting more data on home mortgage interest. Lenders must now report the amount of principal outstanding at the start of the year, the mortgage origination date and the address of the property securing the loan....
