Category Archives: taxes

Presidential Election: What Would Each Candidate Mean For Your Federal Income Tax Liability! (Tax Calculator)

In addition to many other issues, your choice of candidate in the 2016 presidential election will have an impact on your wealth! Specifically each of the candidates has their own opinion as it relates to the way in which federal income taxes should be collected and on which income brackets that the greatest tax burden should […]

Tax Day Quiz: Where do federal tax revenues come from?

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service What could be more appropriate on April 15, Tax Day, than examining which segment of the populace contributes the greatest portion of federal tax revenues? As individuals and/or business owners who pay into the federal coffers, we often feel as if the entire tax burden is falling squarely on our shoulders […]

News about the mortgage interest deduction!

New York title insurance

One of the critical pieces of any real estate investment, the mortgage interest deduction (MID), has always served as something of a bi-partisan political football! For those who may be unfamiliar the MID allows homeowners to deduct the interest paid on their mortgage from taxable income (subject of course to certain IRS rules) making it […]

MERS 101 (Video)

If you have heard anything about the foreclosure crisis, you’ve heard about MERS! This video discusses some of the background of MERS, the Mortgage Electronic Registration System. With over one half of the nations mortgages “held” in its database, MERS is at the center of the controversy surrounding foreclosures. http://media.nbcnewyork.com/designvideo/embeddedPlayer.swf