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How to pay tax on an S corp
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Dear Tax Talk,
My husband and I own an electrical business. It is set up as an S corporation. I am having trouble understanding the income tax as it pertains to us. I also work outside the home. I understand that all our income is my income, plus the income of the company.
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Illinois credit unions to help with college aid
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CHICAGO (AP) -- Eight Illinois credit unions have partnered with two state agencies to provide $100 million in financial aid for college students through a new program designed to plug funding gaps brought by the nation's credit crunch, state officials announced Sunday.
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Researchers probe bank heists without holdups
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SAN FRANCISCO (AP) -- With a startling success rate, security researchers disguised as fire inspectors, exterminators or government safety monitors were able to slip past tellers in nearly 1,000 bank branches and steal confidential data about customers, according to a study being released Tuesday.
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Shady billing tactics rile cardholder
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Dear Dr. Don,
How do I report a credit card company that regularly sends me my bills after my due date and then charges me late fees? Please help -- their late fees are more than my monthly payment. I have closed the account but will never be able to pay it off like this!
-- Deanna Dilemma
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