Submitted by Jim Blankenship on Wed, 02/26/2014 - 12:00pm
Identity theft runs rampant during tax season. Here’s what to know and how to protect yourself.
Identity thieves often swipe your bank or credit card account numbers, birth date information or Social Security Number (SSN) to steal from your accounts, open a new and phony account or make illegal purchases. In 2013, 13.1 million consumers suffered identity fraud – the second highest level on record, according to a survey by Javelin Strategy & Research.
Most of us make lists for groceries and weekend chores. Few write what’s likely the most important list of our lives and here’s what to put on it.
Call it a life book: a notebook – or just a piece of paper – containing pertinent information your loved one must know to take care of you or your family if you suffer a serious accident, illness, emergency or death.
To see the value, ask yourself how to answer these questions if something happens to your spouse or to another close family member:
Submitted by Thuong Thien on Fri, 11/22/2013 - 3:00pm
You likely know the pivotal role good credit plays when you try to buy a house or a car. It’s likely too that you don’t buy houses and cars every day, so maintaining a credit rating seems like a back-burner need. Not so, and here’s how to keep your rating up.
Building and maintaining good credit helps create a solid financial foundation and eventually becomes a linchpin of your overall financial plan.
Submitted by Steve Albert on Tue, 10/08/2013 - 12:00pm
There’s death and taxes – then there’s the death-like chill when you get a tax notice from the Internal Revenue Service. Here’s how to keep your head.
Each year, the IRS sends innumerable notices to taxpayers for various reasons. Your first instinct might be panic, but take a minute and relax. Many notices involve small, easily resolved issues such as additional documentation or a miscalculation.
Submitted by Joseph A. Clark on Thu, 06/27/2013 - 12:00pm
Identity theft is an epidemic, sapping people’s bank accounts. How do you protect yourself? By being vigilant: monitoring your credit report, bank and card statements, then moving quickly to squelch illicit charges.
The indispensability and ubiquity of technological innovations give the bad guys an in. Making our lives simpler and more efficient, the Internet, smartphones and iPads are key to how we communicate and store information. So much so that people pay big bucks to go to special technology-free resorts for a break from the unrelenting onslaught of information.
Submitted by Russell Francis on Fri, 03/01/2013 - 12:00pm
Your will ensures that your physical assets make their way to your loved ones. It is just as crucial to make sure your virtual assets are protected after death. Plan ahead now so your survivors can easily close your online life according to your wishes.
After you die, someone should delete your credit card information and email accounts and notify your friends and contacts. You may want your online photo albums or online genealogy preserved for family members. What happens to electronic assets that have a real financial value, such as accounts with PayPal, email, eBay and iTunes?