Hi Valued Client,
With interest rates continuing to increase, what could be better than making a purchase with 0% interest? In reality, financing a purchase with a 0% interest rate may be more trouble than it’s worth, as we explain in this month’s newsletter.
Also discover the hidden tax benefits of owning a home, knowing the Basics of taxes, and where you can find a savings account with a great interest rate.
As always, please pass this newsletter to anyone who may find it valuable and call if you have any questions or concerns.
Upcoming dates:
September 15
- Filing deadline for extended 2022 calendar-year S corporation and partnership tax returns
- 3rd quarter installment of 2023 estimated income tax is due for individuals, calendar-year corporations and calendar-year trusts & estates
October 16
- Filing deadline for extended 2022 individual and C corporation tax returns
The Trouble With 0% Financing
While paying for something with 0% interest may sound appealing, there are risks you’ll face that you should be aware of before you take this step. Here’s what you need to know about 0% financing.
Your Home is a Bundle of Tax Benefits
There are many tax benefits built into home ownership. Here is a review of the most common.
Take a Look at Better Savings Rates
Consider these tips to earn as much interest as you can for your savings accounts, even if it means opening a new account
Taxes: Knowing the Basics is Key
It’s the starting point to saving money
Understanding how our tax system works can be tricky for anyone. Here are some pointers to help you or someone you know navigate our tax maze.
As always, should you have any questions or concerns regarding your tax situation please feel free to call.
