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What Is a Credit Freeze, and Should I Do It?

Success

When you freeze your credit, it keeps sensitive data in your credit files from being accessed without your permission. In 2021 the Federal Trade Commission received 1.4 One in five people lost money due to imposter scams in 2021, with a median loss of $1,000. What is a credit freeze? million reports of identity theft.

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Resilience Stories: After Her Father Was Deported, She Bought and Expanded His New Jersey Restaurant

Success

Her first thought was the officer saw her talking on the phone. Morales was released after 17 days, given a second chance through the DACA policy ( Deferred Action for Childhood Arrivals ) as well as a green card petition filed by her mother, who gained legal status in 2004 after marrying a U.S. Photo courtesy of Lizeth Morales.

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5 things you should do now to prepare for year-end payroll reporting

BMT Office Administration

Plan for a lower mandatory e-filing threshold. We don’t yet know whether the IRS will issue final regulations dropping the mandatory e-filing threshold down to 100 or more information returns from 250 or more returns. You can be penalized for filing W-2s, 1099s, and 1095s on which you report incorrect Social Security numbers.

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3 Strategic Things You Must Do to Effectively Organize Your Desk

All Things Admin

Zone 1 is the main workspace at your desk – the center of activity that is within arm’s reach of your computer and phone. Setup your file sorters or trays for staging daily work/projects on one side of your desk and move them to pending or completed containers on the other side as you work on them. Zone 2: Work Staging. 2 pencils.

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Are You Ready to Hire a Virtual Assistant?

Success

In its fourth quarter of 2020 and first quarter of 2021 financial reports—while many other companies were experiencing layoffs and frantically downsizing—BELAY announced record-breaking numbers. This article originally appeared in the July/August 2021 issue of SUCCESS magazine. Photo by fizkes/Shutterstock.

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Rocky tax season could lead to slow refunds for employees

BMT Office Administration

There’s a reason the IRS rolled out some new tools and beefed up some old tools on its website this filing season—it’s still bogged down with last year’s returns! The likely effect will be delayed tax refunds for taxpayers who file even minimally complex returns. 2021 Form 1040 tax filing stats so far. 25, 2022, (i.e.,

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4 Smart Money Moves to Plan for Financial Security

Success

The recommended emergency fund amount to save for is three to five months of living expenses (think rent, utilities, phone bills, and so forth) in some form of cash. In 2021, that limit is $140,000 for individuals and $208,000 for married people who file their taxes jointly.