Money

New IRS reporting system affects PayPal accounts

Businesses that process payments through credit cards, debit cards or payment merchants like PayPal beware.  The IRS has a new reporting system and surprise, surprise, according to a Treasury Department audit released July 26, 2011 the system that includes “a revised form” that may be flawed. Imagine that? In 2008 the enacted Housing and Economic Recovery …

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Summer time travel: Credit cards are one hot commodity

It is expected that this year there will be an increase in travel throughout the summer months. As people are feeling better about spending money again, the amount of people taking vacations is expected to rise. Unfortunately, travel is not the only thing on the rise. Credit card theft, and credit card fraud is also …

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