Free IRS Webinar About the Affordable Care Act

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Participate on September 9th in the free IRS webinar about the Affordable Care Act. This is geared towards tax professionals but anyone can listen in. What you will learn is the ins and outs of the recent health care legislation overall. Tax agents will earn one CPE credit for … [Read more...]

The Fed Imposes New Credit Card Regulations

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Finally a win for the credit card consumer today as the Fed puts limits on credit card fee's. These rules are supposed to wrap up the Credit Card Accountability Responsibility and Disclosure Act. 1. The 39.00 dollar late fee charge has been moved down to 25.00 dollars max. 2. … [Read more...]

Homebuilders Lose Confidence and Economic Recovery Slows

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The National Association of Home Builders stated that their reader base of builders sank to a new low of 14 since March of 2009. Anything below 50 signifies a negative sentiment about the housing market. The number of foreclosed and short sale homes are a driving factor in this … [Read more...]

The Telephone Number for BP Gulf Oil Spill Victims

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Hot off the presses today the IRS is making an effort to help the BP Gulf oil spill victims, or not. The Internal Revenue Service has opened a special phone line for those who have been affected by the oil spill. The catch is the phone line is only for people that are unable to pay … [Read more...]

Special Assistance Day for Gulf Oil Spill Victims

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This is a follow up to my last post about the IRS "helping" oil spill victims. On Saturday July 17th the IRS Taxpayer Assistance Centers in several locations will be open to help victims of the BP oil spill. Locations open July 17th from 9am to 2pm: - 1110 Montlimar Drive, Mobile, … [Read more...]

Wells Fargo Financial Closing and Cutting Jobs

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Today Wells Fargo sent out a press release stating that they are closing 638 or their offices and cutting 3,800 jobs due to restructuring. Wells Fargo Financial offered various loans and mortgages to consumers with low credit scores. This is the division that Wells Fargo is … [Read more...]

Countrywide Sued for Discrimination Against Latinos and African Americans

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Good job Countrywide as if you didn't contribute enough to the mortgage crisis now you add fuel to the fire. Lisa Madigan the Illinois Attorney General is suing Countrywide for discrimination against African Americans and Latinos. Madigan claims that Countrywide (who is now owned … [Read more...]