- About Us
- Small Business Taxes
- Tax & Accounting Services
- Contact Us
What direction do you think interest rates are headed in? Homeowners have ridden the variable interest rate mortgage ride for all it's worth. The prime rate hit 20% in 1980. Since then interest rates have been in a long and steady decline. Along the way, borrowers would refinance their house and take out more cash as the value of the property was rising. Times have changed just a wee bit.
Times are hard for so many people right now, whether you have lost your job, had to borrow from your retirement account or have forgiveness of debt. There are many reasons that could trigger a higher than expected tax bill this year. If you are one of those individuals who owe a substantial amount of taxes to the Internal Revenue Service ("IRS") there are some options available to you.