Money Management Articles

Credit

How to guard against child identity theft - 10/16/2014
Your child begins to receive offers for pre-approved credit cards. It sounds annoying, but nothing to be worried about, right? In fact, it could be one of the warning signs that your family is the victim of child identity theft. Nearly 3 percent of U.S. households with children under 18 -- or one in 40 households -- has been struck by child identity theft, according to the Identity Theft Assistance Center.

Year-end tax planning for 2014 - 9/3/2014
Where has the time gone? We are approaching the final months of 2014, but, before you start thinking about holiday shopping, consider year-end tax planning and preparation. With proper tax planning, you can maximize your potential tax savings and minimize your tax liability.

Know what’s at stake before taking student loans - 8/7/2014
With student loan defaults at historic highs, students and their parents need to understand the ramifications of defaulting on a student loan. The Minnesota Society of CPAs (MNCPA) cautions parents to think carefully about co-signing for a student loan and to be sure they understand what it could mean to their own financial future.

Your midyear financial tune up - 6/30/2014
Did you start the beginning of the year by making smart resolutions to get your finances in order? Now that the year is half over, it's a good time to check in and see how you're doing.

Make a rewarding credit card choice - 6/1/2014
You're ready to sign up for a new credit card that seems to promise a host of appealing rewards. But, are you really sure of what the card has to offer or how it compares with other options?

Five ways to set yourself up for a secure retirement - 4/16/2014
Approximately 10,000 baby boomers will turn 65 every day until around 2030. If you're part of that group, or if you're planning ahead for a comfortable retirement, the Minnesota Society of Certified Public Accountants (MNCPA) offers this advice for securing your financial future.

Do's and don'ts for paying your tax bill - 3/3/2014
About three-quarters of individual taxpayers received refunds last year, according to Internal Revenue Service statistics. However, many people find that they do owe taxes when April 15 comes around. If you fall into that group, the Minnesota Society of CPAs (MNCPA) offers these recommendations on the best way to settle your bill.

Five steps to achieving your financial goals - 1/14/2014
What do you want to do now, or next year, or five or 10 years down the road? This is the time of year when people step back and consider where they stand and how close they are to achieving long-held goals. No matter what your objectives, there's no doubt that a sound financial plan will put you in a better position to achieve them, according to the Minnesota Society of CPAs.

Taxpayer identity theft on the rise: Know how to protect yourself - 12/15/2013
Taxpayer identify theft continues to increase in the U.S. In 2012, there were 1.8 million incidents of identity theft and fraudulent tax refunds, creating a $5 billion problem, according to the U.S. Treasury Inspector General for Tax Administration. In the first half of 2013, the number of tax-related identity thefts had already surpassed the 2012 number.

Don't make these five online shopping mistakes - 11/14/2013
Online spending in the United States is expected to hit $370 billion by 2017, an increase from $262 billion in 2013, according to Forrester Research. Online shopping can be a great convenience, but CPAs advise that there are steps you should take to ensure a safe and satisfying experience.

Take control of holiday spending! - 10/31/2013
What are your holiday shopping plans this year? American retail holiday spending totaled about $580 billion in 2012, according to the National Retail Foundation, up 3 percent from the previous year. This is clearly a time of year when people dig deep into their pockets to pay for holiday gifts and celebrations, but that doesn't have to put a dent in your budget. The Minnesota Society of CPAs (MNCPA) offers advice on how to make smart spending plans.


Find more information on:

Related resources

Get a referral for a CPA
This free CPA referral service is a convenient, confidential and proven way to find the accounting professional for you, your business or customers.