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Understanding Debit Cards
Janet uses her bank debit card for almost all her monthly purchases. Asked
why she doesn't just pay with cash, she says that she prefers the
convenience of a debit card. "It's safer than carrying cash or a credit
card. And you don't have a huge bill to pay at the end of the month."
"I like the pay-as-you-go concept where you only spend what you have rather
than borrowing" as you would ...   more »

Blog sponsored by Bankrupt-Law.com

IR-2006-25, Feb. 7, 2006

WASHINGTON - The Internal Revenue Service today issued the 2006 "Dirty Dozen"--its latest annual tally of some of the most notorious tax scams--along with an alert to taxpayers this filing season to watch out for schemes that promise to reduce or eliminate taxes.

Two new schemes have worked their way onto the list in 2006. In recent months IRS personnel have noted the emergence of the two scams--"zero wages" and "Form 843 ...   more »

You really can't top credit-card issuers when it comes to creative marketing. The latest twist from the Land of Debt is a card that ostensibly helps you build your savings. "One by American Express" automatically deposits 1 percent of every purchase you make into a savings account. There's no minimum balance required in the savings account, which offers an APR of 3.5 percent. At the moment, AmEx is ...   more »

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