Author Archives: FCA Admin

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

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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

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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

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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

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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

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Preparing for Tax Season

Tax season is upon us.  My personal belief is that preparation is key to making it through tax season.  Many people become overwhelmed by all of the forms and deadlines.  Well, to help you get organized for this tax season, … Continue reading

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Deducting Moving Expenses

Issue Number:    IRS Summertime Tax Tip 2014-20 Inside This Issue If you move because of your job, you may be able to deduct the cost of the move on your tax return. You may be able to deduct your … Continue reading

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Six Tips for People Who Owe Taxes

Issue Number:    IRS Summertime Tax Tip 2014-18  Inside This Issue While most people get a refund from the IRS when they file their taxes, some do not. If you owe federal taxes, the IRS has several ways for you … Continue reading

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Five Basic Tax Tips about Hobbies

Issue Number:    IRS Summertime Tax Tip 2014-15 Inside This Issue Millions of people enjoy hobbies that are also a source of income. Some examples include stamp and coin collecting, craft making, and horsemanship. You must report on your tax return the … Continue reading

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Job Hunting Expenses

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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