Money Snatchers

To win over several hedge funds, which have been holding out for better terms, the Treasury increased its cash offer to holders of Chrysler’s secured debt by $250 million, to $2.25 billion, The Times said.

cheryann asked: I pay myself a salary each week from my weekly gross earnings and want to make sure that I am holding back enough to cover taxes. I am currently pay myself 2/3 of the gross each week and put the other 1/3 into an account for tax purposes. I am an [...]

Mandy L asked: how often do you pay corporation tax and when do you have to start paying.
In England

The major banks that loaned Chrysler LLC about $7 billion have agreed to significantly reduce that debt, according to the Treasury Department, a move that could save the struggling automaker from having to file for bankruptcy later this week.

John asked: Hi,
(1) Can somebody please tell me what amount of income requires you to file a federal & state & social security taxes for each of the year since 1990 ? ( I mean filing Requirement for an unmarried single Person ) I need to know for each of those years.I am single unmarried [...]

gokesemail asked: As the sole proprietor my corporation is finally growing but I know I will owe enormous taxes if I dont take advantage of deductions available to S corporations. I would appreciate any suggestions. Thank you.

The federal government says it’s nothing more than “wild speculation” to suggest it could take almost 20 years to pay back the debt it’s currently accumulating.

April 24 — M&G Group Plc’s Leopard CLO III BV fund, which invests in high-risk, high-yield loans, bought back some of its senior debt at a discount, according to a statement from Moody’s Investors Service.

OWINGS MILLS, Md. — An Owings Mills family who fell on hard times and let their homeowners association fees lapse is currently facing $10000 in charges that could cost them their home — even though the debt started at only $55.

Casino companies Wynn Resorts and Las Vegas Sands each said Tuesday that they amended their debt agreements to get more breathing room as they repay billions of dollars in notes.