A debit card gives you easy, secure access to funds in your checking account. If you’re like many Americans, this piece of plastic has a lot of competition in your wallet. From credit cards to cash, there are many ways for you to shop.
Each month, you receive a statement from your credit union that details the income and spending activity on an account. You can use these statements to review spending habits and even spot unauthorized purchases.
Another year has passed (allegedly), and tax filing season is here again. The COVID-19 pandemic changed many things, including last year’s federal tax deadline and the time it took for the Internal Revenue Service (IRS) to process returns. But how will it affect the process this year?
Is your social media feed full of headlines about a $600 IRS reporting change for Venmo or Paypal transactions? There’s been a lot of confusion and misinformation surrounding this provision, and it’s important to have the facts.