Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

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.

Wedding-related Tax Benefits

Written by Eva Rosenberg on August 3, 2011 in Tax  |   1 comment

Wedding-related Tax Benefits Eva Rosenberg, EA When you’re one of the responsible financial parties involved in making wedding plans, you’re looking at a hefty price tag—possibly in the $20,000 – $60,000 range. Why? I haven’t a clue! I managed to have a kosher wedding with…

Wedding-related Tax Benefits
Eva Rosenberg, EA

When you’re one of the responsible financial parties involved in making wedding plans, you’re looking at a hefty price tag—possibly in the $20,000 – $60,000 range. Why? I haven’t a clue!

I managed to have a kosher wedding with 150 guests for only $1,500. OK, so it was back in 1972. We did it again in 1993 for about $1,500, with about 60 friends at a post-wedding party.

But I’m not here to tell you that you must be frugal on the happiest, most stressful day of your life.

I am here to answer the age-old question: How can you get Uncle Sam to pick up the tab at your wedding?

The most common argument people use to make this happen is that business clients, co-workers, and associates are invited. Can the government at least pick up their costs for the event? Unfortunately, the courts have vehemently said no!

Make your guests pay to attend

What if you combine your wedding with a massive marketing seminar? It worked for Corey Rudl, who did that back in 2004. Not only did Mr. Rudl get his own guests to pay to attend his wedding but the entire event was also presented as a business seminar—so it was all deductible. Not everyone is as brazen as he was, but behavior like that does generate a great deal of publicity and viral activity. It can be an excellent way to throw a big party you couldn’t otherwise afford.

Throw a fundraiser

Of course, you can always throw a wedding a fundraiser for your favorite charity as another way to have your guests pay to attend. The difference between the value of your guests’ meal and their payment would be a charitable deduction for them. Donate all the profits to charity and you have a free gala event, perhaps with lots of publicity. Your favorite illness, animals, children, seniors, sports, or other worthy cause gets all the benefits.

For the rest of us, what tax breaks can we get?

Charitable contributions deductions

Donate the leftovers of the feast. Make arrangements in advance. Have the caterer pack up the food, desserts, and so on and take it all to a shelter for those less fortunate. Arrange to get a priced receipt.

Donate the centerpieces. Although guests often expect to take the centerpieces, let them know these items will be donated to hospitals, schools, or other organizations. If a guest wants to take the centerpiece, ask him or her to include a check for a predetermined dollar amount, made payable to the designated charity.

Wedding dresses and bridesmaids’ gowns are expensive, and they’re usually only used once. If you haven’t rented yours, donate it. Any number of organizations would be happy to accept it. For instance:

  • Brides Against Breast Cancer
  • Africa Street Kids
  • Donate My Dress

Tuxes are often kept and used again and again, it’s true. But if you want to donate yours, the Men’s Wearhouse is holding its National Suit Drive this month.

Find a facility with a charitable link

What about holding the wedding in a state park or on the grounds of a non-profit organization? Do the fees paid to the facility count as a charitable contribution deduction? Nope! When you receive a benefit for your donation, there is no deduction. But it’s still not a bad idea to hold your event on the grounds of these special places. They can certainly use the fees, and your guests can enjoy a unique experience.

Eva Rosenberg, EA, is the publisher of TaxMama.com®, where your tax questions are answered. She teaches tax professionals how to represent you when you have tax problems. She is the author of several books and e-books, including Small Business Taxes Made Easy. Follow her on Twitter: @TaxMama

Read More:

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.

1 comment

  1. Bill Nemeth, EA says:

    Hello Ilyce,

    Great story line to get me involved (Wedding-Related Tax Benefits) – Very common question that we always get from newly weds. Loved your suggestions !

    Keep up the good Work.

    Mr Bill, EA Atlanta

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

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.

Tax Archive