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How a Flexible Spending Account (FSA) Will Save You Money

Posted Monday December 10, 2007, 6:11 pm, Over one day old

In recent years, many plans have included a FSA debit card which allows you to directly pay for your medical expenses from your plan balance, without the hassle of submitting refund claims. | | But a Flexible Spending Account is not without it’s dangers.

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There?s Still Time for Retirement Savings This Year

Posted Monday December 10, 2007, 6:11 pm, Over one day old

But now, to help preserve the value of the credit, income limits are now adjusted annually to keep pace with inflation. | | The saver?s credit helps offset part of the first $2,000 workers voluntarily contribute to IRAs and to 401(k) plans and similar workplace retirement programs.

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Visa Micro Tag - Contactless Payment Device

Posted Monday December 10, 2007, 6:11 pm, Over one day old

It looks cool, but is it going to replace your visa card? | | | | Visa recently began promoting the Visa Micro Tag, a new key fob payment device embedded with Visa payWave, the company’s contactless technology feature.

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Beware of San Diego Wildfire Scams

Posted Monday December 10, 2007, 6:11 pm, Over one day old

The IRS never asks people for the PIN numbers, passwords or similar secret access information for their credit card, bank or other financial accounts. | | Recipients of the scam e-mail can help the IRS shut down this scheme by forwarding the e-mail to an electronic mail box, phishing@irs.gov.

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Should Congress Enact a War Tax?

Posted Monday December 10, 2007, 6:11 pm, Over one day old

Although plenty of Democrats and Republicans are opposed to the plan, it’s an interesting idea. | | The surtax would be a percentage of your tax bill, and if you don’t like the cost, then shut down the war.

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IRS Announces Inflation Adjustment

Posted Monday December 10, 2007, 6:11 pm, Over one day old

Nearly two out of three taxpayers take the standard deduction, rather than itemizing deductions, such as mortgage interest, charitable contributions and state and local taxes.| | Tax-bracket thresholds increase for each filing status.

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IRS to Begin Taxing Poker Winnings

Posted Monday December 10, 2007, 6:11 pm, Over one day old

If any tournament sponsor does not report the tournament winnings, the IRS will enforce the reporting requirement and also require the sponsor to pay any tax that should have been withheld from the winner if the withholding requirement had been asserted.

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Is Today the Beginning of the End for Social Security?

Posted Monday December 10, 2007, 6:11 pm, Over one day old

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The BeancounterBlog Wish Fund: Your Ideas

Posted Monday December 10, 2007, 6:11 pm, Over one day old

It’s often argued among personal finance bloggers whether or not you should post your net worth on your blog. I don’t want to make this example overly-complicated, but I also don’t want to throw the money into an HSBC online savings account and let it accrue interest at 5%.

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America?s Budget Crisis

Posted Monday December 10, 2007, 6:11 pm, Over one day old

Read America?s Budget Crisis (Links)

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