No
Interest is tax deductible, so amounts paid lower the tax they would have otherwise paid. Dividends are paid with after tax earnings..there is no tax deduction for them. Of course, someone receiving interest pays tax on it at their ordinary income rate, and someone receiving dividends pays tax at the capital gain rate, which is lower.
Under what circumstances would it be advisable to borrow money to take a cash discount
Under what circumstances would it be advisable to borrow money to take a cash discount?
A bank employee that helps customers borrow money would be called a loan officer.
Can you borrow against money from your pension plan?
Well, you can borrow money from anyone if they agree to loan it to you.
No, you cannot borrow money from your HSA account.
May I borrow some money from you, mom?
If you borrow money on agreed terms, including the obligation to pay interest, then choose not to pay the interest, that would be stealing.
farmers have to borrow money to purchase seeds,fertilizers and pesticides.
No, you cannot borrow money directly from your IRA account.
The power that is given to congress is the ability to borrow money.