Navigation Links
NationalCreditReport.com Offers Simple Tax Saving Tips That Can Improve Credit Scores
Date:3/4/2010

Credit monitoring services company reminds people not to let tax season negatively affect their personal credit report

Delray Beach, FL (PRWEB) March 4, 2010 -- NationalCreditReport.com, a leader in credit monitoring services, today announced tax saving tips that can help consumers improve their credit scores. Although the tax filing deadline is drawing near, there are still a few tactics consumers can utilize to help minimize their tax bill. NationalCreditReport.com urges consumers to use money they save on their tax return, or money they receive as a refund, to pay down debt and potentially improve their personal credit score over time.

"One of the most important ways to save on your tax bill is to contribute to a retirement account," said Samuel S. Ambrose, NationalCreditReport.com's Vice President of Marketing and Operations. "Not only could this have an immediate, positive effect on your tax bill, but more importantly it helps build your nest egg for retirement. Furthermore, any money you save on your tax bill now can be used to pay down debt, something we always recommend to consumers who hope to improve credit scores." For qualifying consumers who intend to fund their retirement accounts - whether a traditional IRA or a Roth IRA - for 2009, they must do so by April 15, 2010.

The company also reminds consumers that if they cannot file their tax return on time, it is critical to file an extension, or Form 4868, by April 15, 2010, to automatically extend the individual income tax return filing deadline to October 15, 2010. Filing for an extension on time is imperative to avoid a late-filing penalty if a consumer is found to owe the IRS money. Late filing penalties can range from 4.5 percent per month to 22.5 percent per month of the tax owed, and late payment penalties can range from 0.5 percent a month to 25 percent a month of the tax due.

Another tax saving tip is to use electronic filing when possible. This is often the best choice if a consumer expects a tax refund. Electronic returns are typically processed much quicker than paper returns, and refunds are similarly received much earlier. This is particularly true for those consumers who opt to receive their refunds through direct deposit. The company recommends that consumers who are working to improve credit scores use their refund to pay off debt when possible.

Finally, in order to help prevent identity theft and keep your personal credit report in good standing, if you file your own return online, be sure to use a computer that has up-to-date anti-virus, anti-spyware and firewall protection. Furthermore, always store all sensitive information on a computer protected by a strong password. If you don't do your own tax return, chose a reputable tax preparer. Your return contains important Personally Identifying Information (PII) that your tax preparer is prohibited from sharing or selling without your consent.

About NationalCreditReport.com
Since 2004, NationalCreditReport.com has specialized in providing credit information and credit monitoring services, as well as tax savings tips, to consumers to help them improve their personal credit report and protect them from identity theft.

# # #

Read the full story at http://www.prweb.com/releases/Taxsavingtips/personalcreditreport/prweb3687554.htm.


'/>"/>
Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Related medicine news :

1. NationalCreditReport.com Reminds Consumers of Ways to Improve Credit Report and Score in 2010
2. Life Line Screening Offers Special Pricing on Colorectal Home Test Kits in Honor of National Colorectal Cancer Month
3. Breast Cancer Charity Website Offers Breast Cancer Profiler Tool
4. National Study Reports Staggering Spending Increases Among Seniors With Chronic Conditions Through Original Medicare - Special Needs Plan Program Offers Solution For Those In Texas
5. Guardian Offers Critical Illness Insurance Advice
6. ECELA Spanish School in Argentina Offers Students Opportunity to Work in Buenos Aires Free Health Fair
7. DQE Offers New Hospital Command Center Training
8. LA Dentist, Dr. Katherine Galina, Offers Free Bleaching for Life
9. Comparison shows robot-assisted option offers advantages for kidney surgery
10. ThermaSkin Offers Free Natural Pepper Remedy To Acne Sufferers
11. Arizona State Universitys Decision Theater offers balance to an off-kilter world
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
NationalCreditReport.com Offers Simple Tax Saving Tips That Can Improve Credit Scores 
(Date:10/13/2017)... ... October 13, 2017 , ... ProVest ... the greater Dallas, Miami, and Raleigh regions, is organizing an extended charity drive ... rare and deadly chromosome abnormality. , After struggling since birth with several health ...
(Date:10/13/2017)... ... October 13, 2017 , ... The International Association of ... of excellence for the field of eating disorders, announces the opening of early ... in Orlando, Florida at the Omni Resort at ChampionsGate. , The ...
(Date:10/13/2017)... , ... October 13, 2017 , ... Many families have ... many long-term care insurance companies have a waiver for care if the client has ... period, when the family pays for care, is often waived, so the benefits from ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, actor Rob Lowe, ... in a new episode of "Success Files," which is an award-winning educational program ... investigates each subject in-depth with passion and integrity. , Sciatica occurs when the ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... treating sleep apnea using cutting-edge Oventus O2Vent technology. As many as ... disorder characterized by frequent cessation in breathing. Oral appliances can offer significant relief ...
Breaking Medicine News(10 mins):
(Date:10/2/2017)... The Rebound mobile app is poised to become ... tide of prescription drug addiction. The app empowers users to ... stepping down their dosage in a safe, controlled manner while ... the first 100,000 people to sign up will enjoy 3 ... ...
(Date:9/27/2017)...  Commended for their devotion to personalized service, SMP Pharmacy ... one in the South Florida Business Journal,s 50 Fastest-Growing Companies, ... list, the national specialty pharmacy has found its niche.  To ... soon be honored by SFBJ as the 2017 Power Leader ... to receive his award in October, Bardisa said of the ...
(Date:9/25/2017)... R.I. , Sept. 25, 2017  EpiVax, ... assessment, vaccine design, and immune-engineering today announced the ... on the development of personalized therapeutic cancer vaccines. ... has provided exclusive access to enabling technologies to ... Eng., MBA will lead EpiVax Oncology as Chief ...
Breaking Medicine Technology: