Monday, August 29, 2011

Tax Time Stress: IRS offers Tax Tips to Reduce Tax-Time Stress

You may not be thinking about your tax return right now, but summer is a great time to start planning for next year. Organized records not only make preparing your return easier, but may also remind you of relevant transactions, help you prepare a response if you receive an IRS notice, or substantiate items on your return if you are selected for an audit. Tax Time Stress: IRS offers Tax Tips to Reduce Tax-Time Stress

Wednesday, August 17, 2011

IRS Back-to-School Tips for Students and Parents Paying College Expenses

Whether you're a recent graduate going to college for the first time or a returning student, it will soon be time to get to campus – and payment deadlines for tuition and other fees are not far behind....IRS Back-to-School Tips for Students and Parents Paying College Expenses

Friday, August 05, 2011

Correction: U.S. Federal Rating: Standard & Poor Lowers Rating of the U.S. Government from AAA to AA+

Earlier today, Standard & Poor's rating agency lowered the long-term rating of the U.S. government and federal agencies from AAA to AA+. With regard to this action, the federal banking agencies are providing the following guidance to banks, savings associations, credit unions, and bank and savings and loan holding companies (collectively, banking organizations. U.S. Federal Rating: Standard & Poor Lowers Lowers Rating of the U.S. Government from AAA to AA+ 

U.S. Federal Rating: Standard & Poor Lowers Lowers Rating of the U.S. Government from AAA to AA+

Earlier today, Standard & Poor's rating agency lowered the long-term rating of the U.S. government and federal agencies from AAA to AA+. With regard to this action, the federal banking agencies are providing the following guidance to banks, savings associations, credit unions, and bank and savings and loan holding companies (collectively, banking organizations. U.S. Federal Rating: Standard & Poor Lowers Lowers Rating of the U.S. Government from AAA to AA+

Bank Closure:Heartland Bank and Trust Company, Bloomington, Illinois, Assumes All of the Deposits of Bank of Shorewood, Shorewood, Illinois

Bank of Shorewood, Shorewood, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation - Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.Bank Closure:Heartland Bank and Trust Company, Bloomington, Illinois, Assumes All of the Deposits of Bank of Shorewood, Shorewood, Illinois

Thursday, June 09, 2011

IRS Identifies Organizations that Have Lost Tax-Exempt Status

The Internal Revenue Service today announced that approximately 275,000 organizations under the law have automatically lost their tax-exempt status because they did not file legally required annual reports for three consecutive years. IRS Identifies Organizations that Have Lost Tax-Exempt Status

Thursday, April 14, 2011

Tax Day 2011: How to Find What You Need Before Tax

With the Monday, April 18th federal income tax deadline rapidly approaching the IRS wants remind taxpayers about the self-help tools that are available to make filing taxes easier. Tax Day 2011: How to Find What You Need Before Tax

Monday, March 28, 2011

IRS: Beware of Tax Scams

The IRS wants taxpayers to be aware of tax scams. These scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. IRS: Beware of Tax Scams

Thursday, February 17, 2011

FCC Announces Cell Jammers, GPS Jammers, and Other Jamming Devices Campaign

In recent years, the number of websites offering  "cell jammers" or similar devices designed to block communications and create a "quiet zone" in vehicles, schools, theaters, restaurants, and other places has increased substantially. FCC Announces Cell Jammers, GPS Jammers, and Other Jamming Devices Campaign

In Vitro Fertilization: Risks & Blessings

I hadn't given much thought to the possibility of multiples because I knew going into it that, at age 41, my chances of conceiving at all with In Vitro Fertilization were not great. When the doctor confirmed, after four weeks of ultrasounds, that there were definitely two babies, I was thrilled. In Vitro Fertilization: Risks & Blessings

Wednesday, February 16, 2011

Bank Overdraft Fees Policy: Your Guide to Preventing and Managing Overdraft Fees

An overdraft can occur when you try to spend more money than you have available in your checking account. For example, let's assume you have $40 in your account. You ask the phone company to electronically deduct $35 from your checking account to pay the bill. You now have $5 available. Next, you use your debit card to make a $10 purchase. Bank Overdraft Fees Policy: Your Guide to Preventing and Managing Overdraft Fees

Monday, February 14, 2011

FTC's Mortgage Relief Scams Ban Takes Effect

The advance fee ban under the FTC's Mortgage Assistance Relief Services (MARS) Rule is designed to protect financially distressed homeowners from mortgage relief scams that have sprung up during the mortgage crisis FTC's Mortgage Relief scams Ban Takes Effect

IRS: Important Tax Law Changes for 2010

Taxpayers should make sure they are aware of many important changes to the tax law before they complete their 2010 federal income tax return. IRS: Important Tax Law Changes for 2010


Friday, February 04, 2011

IRS: Five Tax Tips for Recently Married or Divorced Taxpayers

If you changed your name as a result of a recent marriage or divorce you'll want to take the necessary steps to ensure the name on your tax return matches the name registered with the Social Security Administration. IRS: Five Tax Tips for Recently Married or Divorced Taxpayers

Friday, January 28, 2011

IRS: Making Work Pay Credit Important Facts

Many working taxpayers are eligible for the Making Work Pay Tax Credit in 2010. The credit is based on earned income and is claimed on your 2010 tax return when you file your taxes in 2011. IRS: Making Work Pay Credit Important Facts

Wednesday, January 19, 2011

Top 10 Reasons to Visit the IRS Website

Top 10 Reasons to Visit the IRS Website Don't wait in line, go online. Point and click your way through the tax season. All you need is a computer and Internet access because the IRS website has a wealth of free information and online tax support. Top 10 Reasons to Visit the IRS Website