Tax Guy: Read this before you take out a loan on your 401(k)

After the huge IPOs from AirBnB Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) last week, the week of December 13 takes a slight breather with only three IPOs scheduled and one potential blockbuster. read more.....»»

I read the article by Mr. Greg Edwards that talks about "IRS has changed the tax impact of the loan program." I strongly disagree with this assessment.  Yes, the amount of debt forgiveness is non-taxable, which is different from normal taxable de.....»»

National Basketball Association team Los Angeles Lakers on Monday said it returned a $4.5 million loan granted to it as part of the federal government's novel coronavirus (COVID-19) relief efforts. read more.....»»

This article is one in a series of conversations with business owners about the challenges they are facing during the Covid-19 pandemic and how they are working through them. To read more about what these businesses are doing, how they've handled prob.....»»

J.C. Penney Company Inc. (NYSE: JCP) is negotiating bankruptcy financing with banks for a debtor-in-possession loan to secure liquidity for operations during bankruptcy. read more.....»»

Shake Shack Inc (NYSE: SHAK) announced on Sunday it's returning the $10 million the company has received through federal loans. What Happened The Paycheck Protection Program, or PPP, is designed to keep people employed and paid. read more.....»»

“Shark Tank” investor and Dallas Mavericks owner Mark Cuban has criticized banks for undermining the just launched small business loan program through their practices.  read more.....»»

The shares of Luckin Coffee Inc. (NASDAQ: LK) dropped another 18% lower on Monday as Goldman Sachs Group Inc. (NYSE: GS) read more.....»»

Boeing Co (NYSE: BA) Is asking for access to public and private liquidity, which includes loan guarantees for the aerospace manufacturing industry. read more.....»»

Agile Therapeutics Inc (NASDAQ: AGRX) shares are advancing Tuesday after the company announced clinching of a term loan facility. read more.....»»

Did you know – the best option for bad credit student loans is a federal student loan. Read more here. Borrowing money for college can... The post Best Student Loans For Bad Credit appeared first on ValueWalk......»»

Tesla Inc. (NASDAQ: TSLA) has secured $1.6 billion in loans from a host of Chinese banks for its Shanghai "gigafactory," the company's filing with the Securities and Exchange Comm 0 read more.....»»

Tesla Inc (NASDAQ: TSLA) is taking on a 10-billion-yuan ($1.4 billion) loan from Chinese banks for its Shanghai factory, Reuters 0 read more.....»»

FreightWaves occasionally posts high-quality content from partner publications in the freight industry. Visit Railway Age for more great content like this. 0 read more.....»»

The World Bank’s board has agreed to grant China a low-interest annual loan of between $1 and $1.5 billion through June 2025, according to CNBC. 0 read more.....»»

Defaulting can trigger dire tax consequences — and it doesn’t take much to be considered in default under tax rules......»»

In the Federal Reserve's second-quarter report on household debt and credit, a rise in auto loan delinquencies was identified, resparking an old conversation regarding subprime auto financing by lenders like Credit Acceptance Corp. (NASDAQ: read more.....»»

When making a big purchase, it's almost always better to pay for it upfront in cash from your savings account. But sometimes, life happens, and you have to pay for a big purchase without having savings prepared. read more.....»»

YRC Worldwide, Inc. (NASDAQ: YRCW) announced that it completed a refinancing of its term loan debt, entering into a $600 million term loan agreement. The new deal provides additional liquidity and provides less restrictive financial covenants. read more.....»»

You worked hard to save for a down payment and have enough to qualify for a loan on your first home. But there are other costs that you have to cover wrapped into the category called “closing costs.” read more.....»»