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Matters Pecuniary ... credit cards, banking, debt management, |
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Matters Pecuniary ... credit cards, banking, debt management, |
In the bonus churning world, there’s far too much concern about whether or not a bank or credit card company will report a bonus payment to the Internal Revenue Service (IRS) and issue a 1099. Though they’re likely in the…
Structuring is an illegal act defined by the Internal Revenue Service (IRS) as “the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA)…
We’ve all heard the warnings: “Keep business and personal separate.” “Don’t mix business and personal. Sometimes, these phrases can refer to the concept of keeping personal life and work (or business) life separate. In the context of finances, it refers…