Identity theft is so prevalent these days. It is too easy to have your social security number stolen. It has actually happened to me. Someone stole my identity and filed a tax return using my social security number. Luckily for me, I caught it early and was able to prevent any major damage to my [...]
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No one wants to be audited by the IRS. It is embarrassing and also draining emotionally. It makes many people uncomfortable because it implies that you did something wrong. But just because you are audited doesn’t mean that you did something wrong. The IRS randomly picks who it audits. Some individuals are more likely to [...] I was recently reading an article about young workers and social security. The article mentions that many young adults don’t understand social security and the impact that social security and saving can have on their future plans. Some basic facts about social security are listed below:
An annual social security statement is mailed to you each [...] Many homeowners are struggling to keep their homes. Unfortunately, there are companies out there who promise to help but only have their own interests in mind. I recently read this great article from Stretcher.com. This is a great article which provides useful tips on avoiding the scammers. The full article can be found at [...] Every year, the IRS sends millions of letters and notices to taxpayers. Many taxpayers will receive this correspondence during the late summer and fall. Here are eight things every taxpayer should know about IRS notices – just in case one shows up in your mailbox. Don’t panic. Many of these letters can be dealt with simply [...]
The minimum wage increased to $7.25 on July 24th. However, many are questioning whether this will be a boost to workers considering the current economic climate. Some economists are arguing that this is another stimulus for the economy. [...] President Obama wants to create the Consumer Financial Protection Agency. The purpose of the agency is to protect consumer credit and their banking transactions. Additionally, The Federal Reserve Bank will have the added responsibility of supervising large financial institutions and monitor risk within the financial system. Obama even [...] |
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