If you earn money through an app or online digital platform, you may be affected by a tax reporting change that took effect on January 1, 2022. A provision of the 2021 American Rescue Plan requires third-party payment processors to report business transactions totaling over $600 per year by issuing a Form 1099-K to the taxpayer and the IRS. In prior years, the reporting threshold was much higher (200 business transactions and $20,000).
Whether they're snatching your purse, diving into your dumpster, stealing your mail, or hacking into your computer, they're out to get you. Who are they? Identity thieves.
It’s important to know how to choose the right financial caregiver as elder financial abuse is often committed by someone you know.
Read what precautions to take to help protect yourself or your loved ones from elder financial abuse.
Protect you or your loved ones from elder abuse scams by reviewing these helpful tips.
The First Bank Financial Education Center held a webinar on February 8th, 2022 titled “Don’t Give Cybercriminals the Keys to Your Business”.
Identity theft is a major financial concern, especially in the area of tax returns. Millions of tax filers in the past decade have attempted to file electronic income tax returns only to find that someone has already filed a return using their Social Security numbers.