Tax season is upon us and understanding how income tax credits work can be confusing. Let’s cover some of the basic credits here. Earned Income Tax Credit For the last 40 years, Earned Income Tax Credit (EITC) made life better for millions of workers. This credit helps low to moderate-income workers and families get a […]
Updated Fair Debt Collection Act
The Consumer Financial Protection Bureau (CFPB) has updated the Fair Debt Collection Practices Act to include rules for contacting people via social media and other electronic means. These changes went into effect November 30, 2021. Summary of Updated Debt Collection Act Phone calls Under the new rule, debt collectors are allowed seven attempted calls, or […]
Tracking Your Spending
For many people tracking your spending is a new thing. It’s the beginning step to creating your spending plan. You need to know where your money has gone in order to make changes and get it going where you want it to go. There is no one best way to track your spending. The […]
