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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Sunday, September 14, 2008

Late Payments Of Estimated Tax Can Be A Smart Move

Need a loan? In today's lousy credit environment, securing one may not be much fun. It may not even be possible (at least at reasonable rates) -- unless you have access to an untapped home equity line of credit or a helpful relative.

If you do, that's great. If not, I've got a solution for anyone who earns money from something other than a salary. So if you're are self-employed, an investor, or someone who lives off Social Security benefits, pension payments, retirement account withdrawals, and the like, listen up. The IRS can actually be a short-term borrowing source for you -- and you don't have to fill out any annoying applications, prove your income, or fence with a balky loan officer. While this may sound too good to be true, it is true. Here are the details..........

Smart Money

Editor's Note: Interest rate is now 6% - October 1 - December 31, 2008
http://tinyurl.com/ypbdgd

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