The Federal National Mortgage Association (Fannie Mae) is the largest backer of mortgage credit in our nation. Recently, Fannie set new rules and guidelines that would let homeowners refinance their mortgages to pay off student loans. The new guidelines expand a program that was introduced last year with a personal finance company called Social Finance commonly known as SoFi. Fannie Mae said the resulting policy will be easier for borrowers to apply, and may result in a lower
The first tax levied in the United States was from the Stamp Act in 1765. The Act was passed by the Parliament of Great Britain. Basically any piece of paper was tax such as documents, ship’s papers, licenses, newspapers, publications and even playing cards were taxed. Great Britain enacted the tax to help with the costs of their maintaining a military presence protecting the American Colonies. Great Britain continued to levy more taxes. Common products imported into the Ame
Congratulations to Gantenbein Law Firm Denver, Colorado attorney Keith Gantenbein Jr. who was again, recognized as Super Lawyers, Rising Stars for 2018. For Keith, this is his fourth consecutive year as a Super Lawyer, Rising Star. Mr. Gantenbein is nationally recognized for his work in Real Estate Law, which also includes Foreclosures Defense and HOA Law. Mr. Gantenbein worked extensively last few years with the Colorado Supreme Court to pass updated Rules of Civil Procedure
The Internal Revenue Service (IRS) has issued a warning for a quickly growing scam involving taxpayers. An original alert was issued February 2, however the number of victims jumped from a few hundred to several thousands in just a couple of days. The IRS Criminal Investigation division is investigating just how deep and far-reaching this scheme is. The new scam is actually just a new twist on a scam they’ve used before. These criminals have stolen client data from email phis
Two years ago, the Internal Revenue Service (IRS) had 74,608 pages in their Tax Code (laws). More pages have been added since then. Is it no wonder taxes are one of the most complicated and complex legal issues today? Adjustments are made yearly to the income tax brackets which most of us are aware of. However, there are also other adjustments made, making taxes even more confusing. Thirty-three years ago “tax indexing” was added to the tax codes. Tax indexing adjusts variou
Nothing chills our veins like a letter from the IRS. Especially when you open the letter and find you’re under an IRS Audit or under an IRS Investigation. After you get over the shock - think twice before you even think of calling them. What you say to the IRS and what documents you provide can and most likely will be held against you. Most people think if they cooperate with the IRS, answer all their questions and give the IRS everything they ask, they’ll be treated better.