Does Breaking a Cell Phone Contract Affect Your Credit Score?

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Breaking a cell phone contract only affects your credit score if the carrier files a report with any of the three credit reporting agencies. TransUnion, Equifax and Experian compile consumer information given to them by creditors and consumers, as well as information found in public records. Your cr

A SIMPLE IRA and SEP IRA Comparison

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The Internal Revenue Service regulates two IRA savings plans designed for small businesses. The Simplified Employee Pension (SEP) IRA allows employers or sole proprietors to make large contributions to a retirement plan. The Simplified Savings Incentive Match Plan for Employees (SIMPLE) IRA offers a

What Do I Need to Pick Up a Money Order?

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A money transfer is a payment order for a specific amount of money. You must pay the amount you want transferred before the money is sent. Processing and service fees apply; however, costs vary depending on the amount transferred. When picking up a money transfer, you must bring proof of I.D. This i

Elements of a Comprehensive Financial Plan

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Creating a comprehensive financial plan will help to ensure that you have good financial objectives and allow you to control your money rather than the other way around. Without a plan, you are more likely to wander through your life always struggling with money. The sooner you set up a financial pl

What Is the Authorized Signer on a Checking Account?

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Authorized signers on a checking account have the ability to write checks against the account, and to make withdrawals and deposits. However, the degree to which an authorized signer has control over an account depends on the terms of the account contract that the individual signed when added to it.

Michigan Unemployment and No Taxes

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In Michigan, the state's income tax returns are due each year at the same time federal tax returns are due. The Michigan Department of Treasury is responsible for collecting state income taxes and ensuring that taxpayers comply with the state's tax laws, including the unemployment tax laws. Employer

Wisconsin Child Support Questions

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After two parents decide to go their separate ways, child custody and child support are two issues that must be established. Each state requires that the noncustodial parent pay monthly support to the custodial parent for the care of the child; Wisconsin is no exception. Knowing the...

Small Fundraising Ideas for a Salon

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Whether you have a cause you feel really passionate about or a sudden need has been brought to your attention, if you have access to a hair salon, there are a number of different ways that you could hold a small fund-raiser. Depending on your time and resources, you could host a small fundraiser in

How Long Do Inquiries Affect Your FICO?

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FICO scores are a three-digit representation of a borrower's credit report. The higher the score, the better the credit. Lenders and employers use this score when evaluating an individual for creditworthiness and employment. Inquiries can affect FICO scores.

Do 401(k) Deductions Affect Social Security Withholdings?

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Putting money into a 401(k) plan can be an excellent way to save for the future while lowering your current tax bill. However, putting money aside in a 401(k) plan does not lower all of your taxes or reduce your tax bill to zero. Understanding which taxes are, and are not, impacted by your 401(k) co

Heavy Trucker Salary

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To a non-professional, being at the helm of a vehicle full of a couple of kids and a few bags of groceries could feel like a heavy load, but to heavy truck and tractor-trailer drivers, minimum weight required to be considered high capacity is 26,000 pounds. After completing the requirements to earn

IRA / 401(k) Distribution Rules

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IRA and 401k plan withdrawals have tax consequences.tax forms image by Chad McDermott from Fotolia.comIRA stands for individual retirement account. Traditional IRAs can be opened and managed by account holders without the oversight of their employer. 401k plans must be initiated by the...

Consumer Credit Laws & Judgments

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Consumer credit laws regulate the actions creditors may take when an individual fails to pay his debts. All states allow creditors to file lawsuits against debtors for unpaid balances. Should the creditor win, the court will grant it a judgment. How the creditor uses its judgment, however, depends u

The Advantages of a Minimum Cash-Balance Practice

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A cash balance is simply the amount of money that a business has in a particular account. Businesses often tend to keep most of their actual cash reserves --- as opposed to accounts receivable --- in only one or two primary accounts. The business then uses funds to pay off debts and purchase supplie

All About SMSF Auditors and SMSF Audits

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The Australian Tax office controls and regulates the self managed superannuation fund in Australia. You can get take assistance of SMSF auditors to take control of their funds or to buy SMSF property. You will ...

How to Figure the Bank Balance From Interest Earned

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Banks pay depositors interest on the money they have placed in the bank as an incentive to keep funds in their accounts. Many banks will regularly inform depositors how much interest they have earned over time. If the interest rate and the compounding period are both known, the amount of interest ea

How to Decide What Is in Your Emergency Cash Reserve

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You have likely heard that you need to cover up to six months of living expenses in an emergency fund. If you think you fall short, total how much you already have so you can set your savings goals. You cannot count on money from stocks or most bonds for a real emergency. Include only savings and in

How to Invest Aggressively

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If you are interested in the possibility of maximizing your investment returns, or just playing catch-up for your retirement funds, investing aggressively may be the best investment plan for you. When investing aggressively, you do not choose to invest in a balanced portfolio. Instead, more volatil

Can HUD Modify an Appraisal in Florida?

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The U.S. Department of Housing and Urban Development (HUD) helps individuals buy homes by providing mortgage assistance and services like property appraisals. Each state has a local HUD division and flexibility to determine its own guidelines within the parameters of basic federal rules. For instanc

How to Find Missing Bank Accounts

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Frequent moves, financial institution name changes or even bank failure may all lead to bank accounts going missing. When an account is inactive for a specified period of time, often three to five years, it is frozen and placed in an unclaimed funds account. The term "inactive" may include no transa