Sign up for our FREE Monthly Email Newsletter
In addition to keeping in the financial know, you may be interested in checking your credit score and report.
¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.
²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.
³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.
4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.
Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.
Did you have a good tax year? Did you get back as much money as you expected? Did you get away with not owing any more money to the IRS and your state than you could afford to pay?
Is your tax life serene? Read no further. You need not make a single resolution.
If you’re like the rest of us, however, for whom there was not enough time to take care of all our record keeping, bill paying, phone answering, and filing, these New Year’s Resolutions are for you!
New Year’s Resolution #1
I promise to set up a filing system for all my receipts—and keep putting things into it at the end of each day, and the end of each bill-paying session. This filing system can be as simple as a bag or box where I keep everything, or as complex as an expandable file, a filing cabinet, or a scanner that screens and sorts my receipts.
New Year’s Resolution #2
I promise to log all my business and personal miles. I can use my appointment book, an Excel spreadsheet, or whatever clever tool I can find on my phone to do this. I will submit my expense reports with all receipts attached within ten days of each business trip. By doing so, I will stop losing receipts and get my full reimbursements sooner.
New Year’s Resolution #3
I promise not to make any major financial decisions, make any significant purchases, or start a business without consulting my tax adviser beforehand.
New Year’s Resolution #4
I promise to reconcile my bank and credit card statements within ten days of their arrival, thereby catching errors and overcharges in time to get them reversed.
New Year’s Resolution #5
I resolve to discuss the family’s finances with my children, making them a partner in the family’s fortunes. By having a better idea of the family budget, they can be more helpful in keeping our monthly spending under control.
New Year’s Resolution #6
I resolve to save money every month. Even if all I can afford is $25 a week, I will start making a habit of paying myself first before spending money on impulse buys.
New Year’s Resolution #7
I promise to take advantage of every tax-savings benefit offered to me by my employer. I understand how much smarter it is to use pre-tax money to pay for my routine expenses, like medical expenses, child care, and education.
New Year’s Resolution #8
I promise to review my tax liability for the year twice during the year—in early summer and during the fall. I will make timely changes to my withholding and revise my estimated tax payments as needed.
New Year’s Resolution #9
I promise to sit down and prepare my will. If I have children, I will identify their future guardians should anything happen to me. I will explore the advantages of a living trust. I will sign a health care directive so my family or friends may act on my wishes if I am incapacitated.
New Year’s Resolution #10
I promise to read the Equifax Personal Finance Blog each week, to help me save money, use money wisely, and keep my taxes low.
Tax Schemes and Tax Turkeys: Stay Away from Too-Good-to-Be-True Tax Advice
Winner! Winner! Winner!: Tax Implications of Winning Lotteries and Game Show Prizes
New Tax Laws for 2011
Open-Enrollment and FSAs: A Bonanza of Tax Advantages
Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.