Category Archives: 4506-Transcripts

Can you purchase a house if you owe taxes?

To a certain level, mortgage lenders do not view debt as a no-go on offering you a home loan. Collections and judgments from private entities hurt, but nothing hurts as bad as owing the government unpaid funds. Even if the … Continue reading

Posted in 4506-Transcripts, Home Mortgage, IRS and Tax Transcripts | Tagged , , , , , | Leave a comment

How do you show proof of income for self-employment?

It’s important for individuals with self-employment income to understand that, unlike with wage earnings issued by an employer, their income as an independent contractor, sole proprietor, part-time or full-time business owner, or small business owner doesn’t have automatic tax deductions … Continue reading

Posted in 4506-Transcripts, IRS and Tax Transcripts | Tagged , , , | Leave a comment

Where does all the Social Security money go?

Former United States President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935. One of the benefits provided to United States citizens by the Social Security Act is a payment of “social insurance” to people … Continue reading

Posted in 4506-Transcripts, IRS and Tax Transcripts, Social Security | Tagged , , , | Leave a comment

Who benefits from Social Security and how?

Introduction With the increase in recent discussions regarding the depletion of Social Security funds, it is now more important than ever to learn about what Social Security is and who it benefits you. Social Security is a governmental program that … Continue reading

Posted in 4506-Transcripts, Social Security, Trends | Tagged , , , , , | Leave a comment

Is Social Security Running Out?

Introduction Recently there has been a lot of talk about Social Security running out of money for people who would like to go into retirement. In fact, it has been said that the Social Security fund will be fully depleted … Continue reading

Posted in 4506-Transcripts, Social Security, Trends | Tagged , , , | Leave a comment