OK. It’s time for more magical thinking.
MMT.
Huh?
It’s called the “modern monetary theory”. (Wall Street thinks it should stand for Magic Money Tree.)
Continue reading Magical Money Tree?
Slowly, but surely, the understaffed and overtaxed Internal Revenue Service is producing guidelines that will help us help you to understand how they plan to regulate the changes that the Tax Cuts & Jobs Act (PL117-95)- and the budget resolutions of February 2018 (I have a blog post describing these coming soon)- have brought.
Continue reading Can I still deduct my HELOC?
I’ve asked a well-respected bankruptcy attorney- my brother, Neil H. Ackerman, Esq- to add a few facts and comments on the bankruptcy issues I discussed yesterday. (You can learn more about his practice here.)
Continue reading When all else fails?
The student loan program known as Grad PLUS, was enacted under President George W. Bush’s tenure in 2006. This program provided graduate and professional students (almost) unlimited access to borrowing power- at below market rates. The cap had been $ 138,500 for grad school (which also included college debt that was still unpaid- that undergraduate cap is unchanged at $ 57,500). And, now- the program has new features like long-term debt forgiveness and income-based repayment.
Continue reading Debt Crisis Redux?
