Questions about the new Standard
Overdraft Protection?
The Atlanta Journal Constitution (AJC) has a good article
on the advantages and disadvantages of the new Federal Banking regulations regarding "standard overdraft protection".
Read this article, and consult with your personal banker to determine if "opting in" is the correct option
for you.
Jeff
Schnepper tells you how to save time and money by organizing your information BEFORE you take it to your tax preparer. By
organizing your information, not only do you save money on the tax preparation, but you have all the information together
in case of an IRS audit.
On June 23rd, the IRS announced that it will raise the optional
standard mileage rates for the final six months of 2011. From July 1, 2011 to December 31, 2011, taxpayers can deduct
55.5 cents per mile for the business miles, and 23.5 cents per mile for medical and moving expenses. These rates are
up from 51 cents and 19 cent respectively, while the per-mile for charitable expenses remains fixed at 14 cents. See
the related article for more details.
IRS warns of new Identity Theft Scams using the IRS name. The article below
lists various scams that are out there now. It also tells you how to spot a scam. Check out the link below for
more information.