Archive - April 29, 2010

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4 Steps to Managing Your Credit Cards
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15 Facts About Amending Your Tax Return

4 Steps to Managing Your Credit Cards

As new credit card regulations go into effect, it’s important to still follow some basic practices.

1) Start with the “need versus want” outlook for your purchases. For example, you “need” food for Fido the dog, but you “want” the rhinestone dog collar. Think before you use the credit card to fulfill a “want.”

2) Although credit cards are a convenient way to pay or to delay payments, paying in full each month is crucial. When you carry have a balance – and especially if you miss a payment – the cost of the item will be inflated. A missed

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15 Facts About Amending Your Tax Return

For a multitude of reasons, many times it’s necessary to file an amended tax return.  It could be that you received additional information contrary to what you originally used for your return… or maybe the IRS sent you a notice about something that needs clarification.  Or, possibly you are taking advantage of a credit that can be used retroactively, like the first-time homebuyer’s credit. Whatever the reason, you need to file an amendment.  This isn’t usually a big deal, especially with software-driven return preparation – but there are a few things you should know about your amended return.

Ten Facts

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