How to avoid “easy money” scams

Fraudsters have been using “easy money” scams for years. However, methods have been adapted to exploit advances in technology, which has helped with tricking victims into new cons. For instance, the Federal Trade Commission (FTC) filed a complaint against Digital Altitude LLC and other defendants in February. The agency alleged that the company’s operations misrepresented […]

Most taxpayers can deduct up to $300 in charitable contributions without itemizing deductions

Following tax law changes, cash donations of up to $300 made this year by December 31, 2020 are now deductible without having to itemize when people file their taxes in 2021. The Coronavirus Aid, Relief and Economic Security Act includes several temporary tax law changes to help charities. This includes the special $300 deduction designed […]