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Prices Set for New Health-Care Exchanges

September 25, 2013 The federal government has released the rates for the new healthcare exchanges and the news is good if you are an older healthcare consumer.  Younger consumers should probably plan on paying slightly more than they are accustomed to paying.  In Columbia, South Carolina the lowest cost plan that meets the new requirements […]

Taking Advantage of the Provisions of Health Care Reform

September 24, 2013 Politics aside, how could coverage improve for you & your loved ones? Health care reform has many fans and many detractors. Amid all the sound and fury, the plain facts risk being blurred. So here is a look at where the reforms stand, and what they potentially offer you. Here is how […]

South Carolina Awards Credit Monitoring Contract to CSID

Columbia, SC (September 23, 2013) — Budget and Control Board Director Marcia Adams today announced that after a competitive bid process, CSIdentity Corporation (CSID) has been awarded a contract to provide an additional year of free credit protection for eligible individuals. Individuals whose information was potentially compromised in the Department of Revenue (DOR) security breach […]

Healthcare Reform is upon us

9/23/2013 In case you have been living under a rock and are unaware of all the noise surrounding the introduction of a major portion of the Affordable Care Act (Obamacare), we would like to remind you that Healthcare Reform is finally about to implement its most significant feature, affordable healthcare for everyone. If you are […]

South Carolina Taxpayers Should Wait Before Enrolling in a Second Year of Credit Monitoring Offered by Experian

PUBLIC NOTICE Columbia, SC (September 17, 2013) — Taxpayers are encouraged to be patient in making a decision about the continued credit monitoring services offered by any vendor, including Experian, until they have an opportunity to evaluate the services the state will cover and soon make available. The state Budget and Control Board is in […]

FDIC Consumer Newsletter Features Financial Tips for Seniors

September 9, 2013 Consumers face financial issues in their retirement years ranging from how to maintain their lifestyle and pay for medical expenses on a fixed income to avoiding scams that target the elderly. To help older adults make informed decisions and protect their assets, the Summer 2013 issue of FDIC Consumer News features a […]

Three Tax Scams to Beware of This Summer

September 8, 2013 Are you thinking about taxes while you’re enjoying the warm summer months? Not likely! But the IRS wants you to know that scammers ARE thinking about taxes and ways to dupe you out of your money. Tax scams can happen anytime of the year, not just during tax season. Three common year-round […]

Give Withholding and Payments a Check-up to Avoid a Tax Surprise

September 8, 2013 Some people are surprised to learn they’re due a large federal income tax refund when they file their taxes. Others are surprised that they owe more taxes than they expected. When this happens, it’s a good idea to check your federal tax withholding or payments. Doing so now can help avoid a […]

Ten Tax Tips for Individuals Selling Their Home

September 8, 2013 If you’re selling your main home this summer or sometime this year, the IRS has some helpful tips for you. Even if you make a profit from the sale of your home, you may not have to report it as income. Here are 10 tips from the IRS to keep in mind […]

IRS Recognizes Legal Same-Sex Marriages For Federal Tax Purposes

WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes. The ruling applies regardless of whether the couple lives in a jurisdiction that recognizes same-sex marriage or a jurisdiction […]