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Author Archives: FCA Admin
Get Ready…Get Set…SaveUp.com!
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
Posted in credit cards, education, investing, loans, personal finance, Savings
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A Summer Adjustment Can Prevent a Tax-Time Surprise
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
Posted in education, personal finance, Taxes
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The Return of Layaway
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
Posted in credit cards, personal finance, Savings
Tagged personal finance, Savings, shopping
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Personal calls on business cell phones. Is it time to pay up?
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
Posted in Business Savings, Taxes
Tagged Taxes
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Four Tax Tips about Your Unemployment Benefits
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
Posted in Uncategorized
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Additional Protection for US Consumers
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
Posted in Banking, consumer laws, personal finance
Tagged consumer protection, personal finance
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IRS Offers Tips to Reduce Big Refunds and Prevent Tax Bills
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
Posted in consumer laws, education, employment, investing, loans, personal finance, Savings, Taxes
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Rent or buy? You decide.
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
Posted in mortgage, personal finance
Tagged mortgage, renting
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Paying Debt versus Saving
During the current economic crisis, many people find themselves wondering whether it is more important to pay down debt versus building up a savings account balance. Some of the top financial experts are recommending that people build up their savings … Continue reading
New IRS YouTube Video – How to Check on Your Refund
Issue Number: Special Edition IRS Tax Tip 2013-06 With the April 15 tax filing deadline approaching, the Internal Revenue Service created a new YouTube video to provide taxpayers more details and tips to check on their tax refund. The … Continue reading
Posted in consumer laws, education, investing, personal finance, Savings, Taxes
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