Archives for Personal Finance

Good advice to protect against identity theft

Do not sign the back of your credit cards. Instead, put
“PHOTO ID REQUIRED.”
When you are writing checks to pay on your credit card
accounts, DO NOT put the complete account number on the “FOR” line. Instead, just put the last four numbers. The credit card company knows the rest of the number, and anyone who might [...]

Popularity: 2% [?]

IRS Tax Law Changes

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1. The gift tax annual exclusion is $12,000 for 2006.
2. The capital gains rate of 15% was extended through 2010.
For 2006 taxpayers in the 10%-15% tax rate will pay 5% tax on capital gains.
3. Business mileage is $.445 for 2006 and will be $.485 for 2007.
4. Telephone Excise Tax Refund (TETR) is a one-time payment [...]

Popularity: 2% [?]