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  2. Loan-out corporation - Wikipedia

    en.wikipedia.org/wiki/Loan-out_corporation

    Loan-out corporations are able to defer their taxable income to the following taxable year. This is a result of the corporation being able to select its taxable year of income, from any fiscal year. [10] However, the loan-out corporation must select a fiscal year that ends between September and December.

  3. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements offered by regulated banks are different from those that are offered by finance companies in that banks receive a "banking charter" granted as a privilege and involving the "public trust". Loan agreements are usually in written form, but there is no legal reason why a loan agreement cannot be a purely oral contract (although ...

  4. Are personal loans taxable? How personal loans affect your ...

    www.aol.com/finance/personal-loans-affect-tax...

    Personal loans’ tax deductions depend on how you use the money. You cannot deduct payments from your annual income for tax purposes when personal loans are used for personal needs, such as: Debt ...

  5. Security agreement - Wikipedia

    en.wikipedia.org/wiki/Security_agreement

    If the security agreement is for a purchase money security interest in consumer goods, perfection is automatic. Otherwise, the lender must record either the agreement itself, or a UCC-1 financing statement , in an appropriate public venue (usually the state secretary of state or a state business commission under that person's authority).

  6. Is a Family Loan Taxable Income? - AOL

    www.aol.com/family-loan-taxable-income-140055330...

    You do have to report the money unless the loan is small enough to trigger one of the exceptions. The IRS gives two de minimis exceptions for interest on family loans, which are:. The $10,000 De ...

  7. The $10,000 Tax Rule For Loaning Money to Family and Friends

    www.aol.com/10-000-tax-rule-loaning-175514888.html

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