Category Archives: personal finance

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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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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Paying Debt versus Saving

Posted on February 21, 2016 by FCA Admin

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 →

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New IRS YouTube Video – How to Check on Your Refund

Posted on January 21, 2016 by FCA Admin

  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 →

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Job Hunting Expenses

Posted on February 18, 2015 by FCA Admin

Issue Number:   IRS Summertime Tax Tip 2014-14 Inside This Issue   Many people change their job in the summer. If you look for a new job in the same line of work, you may be able to deduct some … Continue reading →

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Vacation Home Rentals

Posted on January 18, 2015 by FCA Admin

Issue Number:    IRS Summertime Tax Tip 2014-13 Inside This Issue If you rent a home to others, you usually must report the rental income on your tax return. But you may not have to report the income if the rental period … Continue reading →

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Tips on Travel While Giving to Charity

Posted on November 19, 2014 by FCA Admin

  Issue Number:    IRS Summertime Tax Tip 2014-06 Inside This Issue   Do you plan to donate your services to charity this summer? Will you travel as part of the service? If so, some travel expenses may help lower your taxes … Continue reading →

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