The Power of eLoans and Mortgages

Written by Jim Slobodzian


ARTICLE: The Power of eLoans and Mortgages

WORDS: 840

You have permission to use this article for electronic or print distribution providedrepparttar credit box atrepparttar 112797 bottom is attached. A courtesy notice of publication would be appreciated. Thank you

Sincerely,

Jim Slobodzian e-Money Guide

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The Power of eLoans and Mortgages

If you will be needing a loan or mortgage, there is no greater way to shop and compare prices than online. One ofrepparttar 112798 great benefits ofrepparttar 112799 internet is lettingrepparttar 112800 average consumer (like you and me) share information like we've never been able to before! We can shop and more importantly, compare,repparttar 112801 prices and services of all kinds of financial services in detail.

There are many good providers of "eloans" online. So who arerepparttar 112802 major online players in loans and mortgages? Research firm Media Metrix recently listedrepparttar 112803 top financial information sites based on "impressions". Atrepparttar 112804 top of that list was MoneyNest.com which operates an online financial marketplace that enables consumers to shop online for a variety of financial products. Moneynest.com sums uprepparttar 112805 one key thing about online loans and mortgages - it placesrepparttar 112806 power in your hands. You no longer have to feel insecure about not having enough excellent information at your fingertips or about trusting "your" bank and wondering if you gotrepparttar 112807 best deal possible. The internet places all this power at your fingertips. To sum uprepparttar 112808 key benefits of shopping online for loans and mortgages, you can:

* Get free quotes - from as many companies as you need or want * Customized quotes - more than just comparing rates, you can compare quotes forrepparttar 112809 specific service you need (type of home, amount of loan, amortization, etc) * Larger pool of suppliers - more businesses are competing for your business, which means a better deal for you * Comfort - what is better than reviewing information with a cup of coffee at your convenience inrepparttar 112810 friendly surrounding of your home rather than in some "suit's" office? Nothing beats getting rid ofrepparttar 112811 sales pressure better than by removing yourself fromrepparttar 112812 sales persons turf! A level-headed decision with no pressure means a better decision for you!

These "eloan" sites (listed below) are jam-packed with great calculator tools and information. As an example,repparttar 112813 eloan.com site alone hasrepparttar 112814 following calculators; http://www.eloan.com/s/show/calculators?linksrc=purchcalc&sid=yP841ZZJ9LTge9B79_8dLAFLPbE * mortgage rate calculator * rent vs. own calculator * amortization calculator * payment calculator * affordability calculator, * and if you are really a laid-back type, a rate watch tool that will automatically track interest rates and notify you when your desired interest rate is available!

For my Canadian readers you will notice that this information has focused almost exclusively on US services, and that is because there is so much information that a separate report will have to be done forrepparttar 112815 Canadian market. But an excellent place to start isrepparttar 112816 Canadian Mortgage Corporation. http://www.canmortgage.com Similar to a site like eloan.com they have excellent calculator tools available and capability of searching for comparative services and loans for free.

Rearrange Your Affairs For Maximum Tax Savings

Written by J. Stephen Pope


One way to maximize your business profits is by reducing your taxes. Frequently, income and other taxes could be lowered significantly if onlyrepparttar taxpayer were willing to plan ahead. By taking some simple steps to rearrange your affairs, you could save a fortune!

1. Are You Splitting Your Business Income?

You may pay reasonable salaries to spouse or children through your incorporated or unincorporated business. If you are not doing so, you may be missing out on some real tax savings.

Inrepparttar 112796 Canadian Federal Budget of February 16, 1999, measures were introduced to discourage income splitting with minor children through family trusts. However, these measures do not apply to paying reasonable wages to family members. Thus, this may be one ofrepparttar 112797 last ways of legally splitting income left forrepparttar 112798 small business person with minor children. Obviously,repparttar 112799 amounts paid must bear some relationship torepparttar 112800 work performed. Of course, all required payroll taxes should be remitted and proper records need to be maintained.

Why not rearrange your affairs so that family members with little or no income can perform duties for and be paid by your business? Then, they can contribute out of their own income towardsrepparttar 112801 operation of repparttar 112802 household. In this way, little or no tax will be paid by your dependants and you will have successfully shifted taxable income out of your hands.

2. Should You Register For The Goods And Services Tax?

Even if your business grosses less than $30,000.00 per year in taxable sales, you may still benefit by registering your business to collect repparttar 112803 Goods and Services Tax (G.S.T.). If you are not doing so, you may be missing out on some real tax savings.

For example, you will be paying G.S.T. on many of your business expenses. If not registered for G.S.T., you must absorb this cost. If registered, you may deductrepparttar 112804 G.S.T. paid on such business expenses (input tax credits) fromrepparttar 112805 tax collected. Many business persons expect to pay G.S.T. and it doesn't really cost them anything since they deduct such amounts as input tax credits fromrepparttar 112806 G.S.T. they collect from their customers.

In some cases,repparttar 112807 quick method of calculating G.S.T. may actually allow you to retain more ofrepparttar 112808 G.S.T. collected than you would have just claimingrepparttar 112809 G.S.T. actually paid by you.

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