Financial concept about Goods & Services Tax with phrase on the sheet. It is not often that Congressional legislation prompts a link to the legendary rock group, The Who. However, the Fair Tax Act, which would replace income taxes with a sales tax, has critics singing a variation of “Won’t Get Fooled Again.” Meet the...
While data breaches at PayPal and T-Mobile are making headlines, a new version of an old con (check fraud) is leading some experts to call 2023 the year of the scam. Consumers lost over $5.8 billion in various frauds in 2021, according to Federal Trade Commission (FTC) annual report. That is a 70 percent increase...
So, you find a suspicious charge on your credit card or bank statement. You call the financial institution involved and dispute the charge. They restore funds to your account. You may have just committed friendly fraud. What Is Friendly Fraud Friendly fraud is often an innocent mistake. You might commit friendly fraud if you dispute...
A bomb cyclone of arctic snow and wind swept across the United States the week before Christmas producing flash freezing that saw temperatures drop 40 degrees in some places. The storm put an immediate halt to holiday shopping contributing to excess retail inventories. As a result, This could be the time to scoop up retail...
When President Biden signed the $1.7 trillion spending bill Thursday, headlines focused on the fact that the measure will pay government operating expenses through next fall. However, a more lasting effect will be how it impacts your retirement funding. The new law makes it easier for employers to help employees save money and repay student...
A year ago last month, Bitcoin hit its peak price of $68,000. Coinbase, a cryptocurrency exchange was also at its high water mark. Meanwhile, another cryptocurrency exchange FTX had just concluded another successful round of funding from investors valued at $25 billion. In addition, the crypto industry was valued at over $3 Trillion. Oh, What...
In the mounting competition to supply you with renewable energy to power your home, there are some new kids on the block and they may be parked in your driveway. In addition to electric vehicles, major automobile manufacturers are beginning to sell solar panels and complete power stations to run your home. The Players Last...
Do you hate it when stores and your neighbors put out Christmas decorations before Thanksgiving? If that is you, you are really going to hate this article. That is because we are going to bypass Christmas, Hanukkah, Kwanzaa, and all other celebrations. Yes, friends, we are going to focus on the most festive time of...
Dominos Falling In FTX Collapse As a child, you may have lined dominos up in a row and pushed one over to watch the rest of them fall in turn. If so, I have some ideas on the impact of the collapse this month of cryptocurrency exchange FTX and Alameda Research, a related crypto...
False Or Inaccurate Credit Reports How is your credit? Chances are, it might be pretty good. However, you may be among the millions of Americans who have inaccurate or false information on your credit report. That can lead to you paying higher interest on loans, credit cards, and home loans. It could also lead to...