Author Archives: FCA Admin

Automated IRS System Helps College-Bound Students with Financial Aid Application Process

Posted on November 22, 2018 by FCA Admin

Issue Number:    Special Edition Tax Tip 2012-12 Inside This Issue College-bound students and their parents sometimes face last minute requests to complete or provide additional information for financial aid applications. The Internal Revenue wants to help by minimizing time spent on … Continue reading →

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Tax Help ‘en Español’

Posted on September 21, 2018 by FCA Admin

Issue Number:    IRS Tax Tip 2013-14 Inside This Issue Tax information can be tough to understand in any language. It may be more difficult to understand if it is not in your first language. The IRS offers a wide range of … Continue reading →

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Get Ready…Get Set…SaveUp.com!

Posted on August 11, 2018 by FCA Admin

Are you ready for a new financial revolution?  If so, then SaveUp is for you. Save up is a new rewards program. Best of all, the goal of SaveUp is to encourage financial literacy and financial independence. So how does … Continue reading →

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A Summer Adjustment Can Prevent a Tax-Time Surprise

Posted on July 18, 2017 by FCA Admin

Issue Number:    IRS Summertime Tax Tip 2014-10 Inside This Issue   When it comes to filing a federal tax return, many people discover that they either get a larger refund or owe more tax than they expected. But this … Continue reading →

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The Return of Layaway

Posted on May 13, 2017 by FCA Admin

Do you remember when your mom would put that big purchase on layaway?  It seems like it was so long ago.  Not anymore.  In these tough economic times, many retailers are offering layaway as an option for many of their … Continue reading →

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Personal calls on business cell phones. Is it time to pay up?

Posted on January 16, 2017 by FCA Admin

The IRS is looking to revamp a 2o year old law regarding employee use of company cell phones.  The law requires employers to track the amount of time employees spend on personal calls.  This is considered benefit income and can … Continue reading →

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Four Tax Tips about Your Unemployment Benefits

Posted on November 21, 2016 by FCA Admin

Issue Number:    IRS Tax Tip 2013-26 Inside This Issue If you received unemployment benefits this year, you must report the payments on your federal income tax return. Here are four tips from the IRS about unemployment benefits. 1. You must include all … Continue reading →

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Additional Protection for US Consumers

Posted on October 1, 2016 by FCA Admin

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 … Continue reading →

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IRS Offers Tips to Reduce Big Refunds and Prevent Tax Bills

Posted on September 6, 2016 by FCA Admin

Issue Number:    IRS Summertime Tax Tip 2012-22 Inside This Issue The Internal Revenue Service reminds taxpayers that it’s not too late to adjust their 2015 tax withholding to avoid big tax refunds or tax bills when they file their tax return … Continue reading →

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Rent or buy? You decide.

Posted on March 3, 2016 by FCA Admin

These days the buzz word is that it’s a great time to buy. But deciding whether to rent or buy is an individual decision that should be considered on a case by case basis.  It is not wise to buy … Continue reading →

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