Knowledge Base
March
13
IRS Alert: "Tax Payers Need to be on the Look out for Fraud" Tax-Definitionorg ( http://wwwtax-definitionor g ) is reporting on the second part of the tax scam alert from the Internal Revenue Service (IRS): Manipulation of Tax Codes and Laws in Tax Scams With the IRS bringing out its annual listings for the numerous tax scams that are taking place, the debate on the misuse of tax laws has become hotter The "Dirty Dozen" looks at different kinds of tax scams that have taken place in a ...
March
13
A Dollar Saved Is Two Dollars Earned A Dollar Saved Is Two Dollars Earned By William Cate Two hundred and twenty-five years ago, Ben Franklin advised that "A Penny Saved Was a Penny Earned" He didn't foresee State and Federal income taxes He didn't foresee State sales taxes He expected the Government to comply with the Constitutional requirement that all US Currency be gold or silver A Constitutional requirement because the Founding Fathers had seen the economic results of issuing the "Continental Dollar," during the Revolutionary War This ...
March
13
4 Simple Steps to Reduce Your Taxes In 2006 Does Tax Season get you down? Here are 4 simple steps that any small business owner can take to lower your tax bill this year STEP 1: Understand How Serious Your Tax Problem Is Are you aware of just how much in taxes you are paying? Here's how much the average family spends on various consumer categories -- as a percentage of income You must realize that it's not how much you spend on taxes ...
March
13
Dirty Money; be careful what you touch Our money is worn out within a few weeks Paper money never lasts very long This is good in that it keeps the fake money to a minimum But money in the event of an epidemic, virus or disease bio-attack could help spead it fast now then If the money was coated with 1 mil of ceramic coating it could literally be washed without being destroyed Glass is impervious to moisture and could ...
March
13

Time Out

Posted by: Category: Finance
Time Out The Patriots earned their money when settling the Super Bowl challenge thanks to Adam Vinatieri's kick through the goal posts Just before that kick, the Carolina Panthers called time-out to unnerve Vinatieri and Kinchen, the stand in center On Thursday, January 29, 2004, Greenspan and company suggested they might kick up short-term interest rates Hinting a time out for interest rates unnerved investorsInterest rate moves have subtle effects on income for many Our family benefits from the presence ...
March
12
Green Card: Don't Pay to Get One! It's amazing The very first spam ever sent was from a couple of lawyers who offered to help people get a Green Card if they paid the law firm a small fee A Green Card, for those of you that don't know, is a proof of permanent resident alien status from the feared Immigration and Naturalization Service and it's free, if you qualify So you don't need to pay anyone for anything Even ...
March
11
Understanding How Interest Rates Work Interest rates are a complex subject In some cases you will want them to be high, in others you'll want them to be as low as possible But, what they are is not something that you or I can change It is determined on many things especially on the way the economy is moving So, how much you will pay for that car or the home you wanted and how much you will make on ...
March
11

Savings Bonds

Posted by: Category: Finance
Savings Bonds Savings bonds are a great way to save money for your future Either purchased yourself, or given as a gift, savings bonds ensure you that you will have at least some amount of savings later on Although you may already know a little about savings bonds, either owning them yourself or having given one as a gift, you may not know that there are different types Each type has its own set of rules and also different ways that ...
March
11
Merit-Based Financial Aid – a real merit to students Merit-based financial aid is one of the main financial aid packages awarded based on their merit or merit plus of students Merit-based financial aids usually come from state or federal sources or private sources These types of financial aid packages are intended to assists students to help their college expenses Merit-based financial aid need not have to be repaid The rules and regulations of financial aid packages are based on the ...
March
11
Federal Reserve Bank – Controlling Mortgage Interest Rates Homeowners often become very interested in the Federal Reserve Bank system Every time the board of directors meets, mortgage interest rates are at risk Federal Reserve Bank The Federal Reserve System acts as the central bank of the United States Created in 1913, the Federal Reserve sets monetary and financial policies for the financial industry and trades currency with foreign countries The Federal Reserve also acts as the bank for the federal government When ...


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