Archives 2011

Credit bureaus may sell the names and addresses of consumers who meet specific credit criteria to creditors or insurers, who must then offer them credit or insurance. For example, a…

Generally, negative credit information stays on your credit report for seven years. If you have filed for personal bankruptcy, that fact stays on your report for ten years. Information about…

Because credit reports contain sensitive personal information, access to them is limited. Credit bureaus can provide credit reports only to lenders from whom you are seeking credit; lenders that have…

A credit report is a record of your credit history that includes information about: Your identity. Your name, address, full or partial Social Security number, date of birth, and possibly…

The seven members of the Board of Governors are nominated by the President of the United States and confirmed by the U.S. Senate. By law, the appointments must yield a…

Special rules apply to workers who perform in-home services for elderly or disabled individuals (caregivers). Caregivers are typically employees of the individuals for whom they provide services because they work…

You must pay self-employment tax and file Schedule SE (Form 1040) if either of the following applies. Your net earnings from self-employment (excluding church employee income) were $400 or more.…

Summertime is a popular time for people with children to move since school is out. Moving can be expensive, but the IRS offers 10 tax tips on deducting some of…

Lower Tax Rates.  The tax system should be simplified and work for all Americans with lower individual and corporate tax rates and fewer brackets. Cut Inefficient and Unfair Tax Breaks. …

WASHINGTON — In its latest effort to help struggling taxpayers, the Internal Revenue Service today announced a series of new steps to help people get a fresh start with their…