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NCUA Call Report Changes in March 2023

The National Credit Union Administration 5300 Call Reports are quarterly listings of summarized accounts collected from all federally insured credit unions. These must be filed about 30 days after the end of each quarter—so before you file, make sure that you make...

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New Rules, Same Ways to Reduce Your Tax Bill

With new and changing laws every year, it is increasingly easy for taxpayers to overlook deductions and credits that may reduce their tax liability. This year, we want to highlight the American Plan Rescue Act of 2021—which fleetingly increased specific tax credits...

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Two Promotions at Griffin & Furman!

Thanks to their individual initiative, two of our team members have recently received promotions within Griffin & Furman.   We strive to recognize leadership in our team members, and because of their enterprising spirits, we have recently promoted Linda Alford to...

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Prepare Now for Next Year’s Tax Bill

Reviewing your taxes should be an on-going habit to manage next year’s income tax liability and to discover any surprises. Looking over your taxes and finances in Summer generally still leaves you time to adjust and implement strategies to improve next year’s filing....

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What Is “Full Retirement Age”?

“Full retirement age” was established at 65 years of age in the Social Security Act of 1935, but since 1935, our life expectancies have improved, the Social Security program has evolved, and “full retirement age” is now different for everyone. What is full retirement...

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CDFI Equitable Recovery Program

UPDATE August 17, 2022: CDFI Fund Announces New Timelines, Delays:  Awards and deadlines will be delayed. The FY22 CDFI and NACA technical assistance awards will be announced in September, but financial assistance awards will not be announced until early next year.For...

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How Should a Teenager Fill Out a W-4?

When anyone starts a new job, one of the first tasks as a new employee is to fill out their employee paperwork, including their W-4What is a W-4? Everyone must pay taxes on their income.  The W-4 form tells your employer how much money to withhold from your paycheck...

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